Chinese shares close higher with FTZ details announced

Chinese shares closed higher on Friday as the government announced a detailed plan for the pilot free trade zone (FTZ) in Shanghai.

The benchmark Shanghai Composite Index gained 0.20 percent, or 4.22 points, to finish at 2,160.03.

The Shenzhen Component Index increased 0.39 percent, or 32.83 points, to finish at 8,472.29.