Chinese shares close higher Tuesday

Chinese stocks closed higher on Tuesday, with the benchmark Shanghai Composite Index up 1.5 percent to 4,083.67 points.

The Shenzhen Component Index closed 1.4 percent higher at 14,022.55 points.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 0.75 percent to close at 3,319.29 points Monday.

The ChiNext Index, together with the Shenzhen Component Index and other indices, reflects the performance of stocks listed on the Shenzhen Stock Exchange.

The Global Mayors Dialogue opened in Harbin, capital of northeast China's Heilongjiang Province on Tuesday, bringing together mayors and senior city officials from across Europe, Asia, and North America to have in-depth exchanges on practical approaches to developing the ice and snow economy.

Held under the theme "Connecting the World with Ice and Snow, Win-Win Cooperation for a Shared Future", the three-day event gathered mayors, deputy mayors, and mayoral representatives from cities across the globe, including Canada, Finland, Germany, Greece, the Republic of Korea, Thailand, and Türkiye, focusing on the ice and snow economy, cultural integration, smart city development, heritage preservation, and urban governance.

The event featured a main dialogue and a scenario-based dialogue salon to foster in-depth exchanges and spark new ideas. Guests are invited to visit iconic sites such as the Harbin Ice and Snow World and attend the opening ceremony and trade events of the Harbin Ice and Snow Economy Expo, which are showcasing Harbin's achievements in building an ice and snow economy brand, strengthening international exchanges and cooperation, and inheriting ice and snow culture.

Harbin, called China's "ice city", has turned its long, cold winters into a major tourist attraction. Last winter, it welcomed a record 90.36 million visitors, generating 137.22 billion yuan (about 19.44 billion U.S. dollars) in revenue, a year-on-year increase of 16.6 percent.