Chinese shares rise on upbeat growth data

Chinese shares climbed on Friday after data showed gaining strength in the world's second largest economy.

The benchmark Shanghai Composite Index moved up 0.24 percent, or 5.24 points, to finish at 2,193.78, while the Shenzhen Component Index rose 0.75 percent, or 63.67 points, to finish at 8,584.87.

China's gross domestic product growth accelerated to 7.8 percent in the third quarter, up from 7.5 percent in the second quarter, the National Bureau of Statistics announced on Friday.

Growth in the first nine months stood at 7.7 percent, which is in line with market expectations and was above the government's full-year target of 7.5 percent.