Shanghai Composite Index Rose 0.77% on Wednesday

China’s benchmark Shanghai Composite Index (000001.SH) gained 0.77% on Wednesday, while the Shenzhen Component Index (399001.SZ) rose 0.63%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 1.66% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.52%.

Below is a rundown of the top China business and finance stories, plus other news for the day:

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2: Two Sessions: With 4.5%-5% Growth Target, China Aims to Create Space for Reform