The Starbucks cup episode is the latest proof that pets, particularly cats, are stoking big-ticket spending among affluent consumers in China, an economy that is witnessing consumption upgrade across all sectors-a topic close to the hearts of the Chinese lawmakers and political advisers who attended the annual sessions of the country' top legislature and top political advisory body this month.
The Shenzhen Component Index closed 2.6 percent higher at 13,754.74 points.
The Shanghai Stock Exchange in June launched the China-Japan ETF Connectivity scheme, allowing investors in both countries to invest in each other's exchange traded funds market.
The State Council also ordered three practices to be replicated in particular sectors like regulation innovation for customs.
The Shenzhen-based ChiNext board's shift to a 20-percent limit is seen as the boldest move by China to ease fluctuation restrictions after Shanghai's smaller STAR Market piloted the 20-percent limit last year. Such restrictions are rare in overseas mature markets.
The TMT, or technology, media and telecom, sector has become the main engine behind the creation of billionaires in China, with five of top 10 richest Chinese people from the sector, according to the annual New Fortune 500 rich list released on Monday.
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The Trump supporter said he felt bad at Washington's politics, calling it "a swamp, figuratively and literally."
The Shashangou Railway Bridge in the Kumtag Desert, northwestern China's Gansu province, has won the National Quality Engineering Award.
The Shenzhen Component Index closed 0.22 percent higher at 13,961.58 points.
The State Administration of Foreign Exchange announced the removal of the ceiling, or the maximum investment amount, for foreign institutions investing in the onshore markets under two major schemes-the Qualified Foreign Institutional Investor scheme and the RMB Qualified Foreign Institutional Investor scheme.