BEIJING - Led by producers of consumer goods, China's stocks closed higher Wednesday, with the benchmark Shanghai Composite Index jumping 1.12 percent, or 31.65 points, to close at 2859.94.

The Shenzhen Component Index climbed 2.86 percent, or 345.25 points, to end at 12407.66.

Combined turnover expanded from Tuesday's 290.29 billion yuan ($43.7 billion) to 294.33 billion yuan.