Chinese shares rise as central govt stresses reform

Chinese shares close higher on Monday as the central government vowed to further promote reforms and restructuring in a statement issued on Sunday.

The benchmark Shanghai Composite Index climbed 1.62 percent, or 35.46 points, to finish at 2,229.24, while the Shenzhen Component Index rose 1.80 percent, or 154.65 points, to finish at 8,739.52.