Stocks get boost from upbeat outlook

Chinese mainland stocks closed higher on Wednesday after upbeat comments from the central bank governor and listed companies' positive measures to purchase shares.

The benchmark Shanghai Composite Index, which tumbled to a two-year low on Tuesday, climbed by 0.27 percent to 2915.73 on Wednesday. The Shenzhen Component Index increased by 0.92 percent, and the ChiNext startup index rose by 1.08 percent.

Liquor stocks led the increase with Beijing Shunxin Agriculture Co Ltd and Anhui Golden Seed Winery Co Ltd both climbing by 7.7 percent. Hebei Hengshui Laobaigan Liquor Co Ltd and Xinjiang Yilite Industry Co Ltd both increased by more than 6 percent.