BEIJING - Chinese shares jumped on Friday after the State Council announced fewer economic and investment activities subject to central authority's approval, extending the rally to three consecutive trading days.

The benchmark Shanghai Composite Index gained 1.38 percent, or 31.06 points, to end at 2,282.87. The Shenzhen Component Index soared 2.04 percent, or 184.95 points, to 9,246.28.