BEIJING, Jan. 14 (Xinhua) -- Chinese shares closed up Thursday with the key Shanghai Composite Index gaining 1.35 percent after it tumbled more than 3 percent on the previous trading day.

    The benchmark Shanghai Composite Index rose 42.89 points, or 1.35 percent, to close at 3,215.55 points.

    The Shenzhen Component Index was up 1.44 percent, or 187.63 points, to close at 13,204.19 points.

    Combined turnover totaled 287.01 billion yuan (42 billion U.S. dollars), down from 322.79 billion yuan on the previous trading day.

    Gainers outnumbered losers by 852 to 30 in Shanghai and 796 to 39 in Shenzhen.

    The ChiNext Index rose as all 42 stocks at the Shenzhen-based start-up board for small and medium-sized enterprises gained.

    Media companies were boosted by a government statement issued Wednesday, saying the country planned to connect the telecommunications network, TV and radio network and the Internet comprehensively by 2015.

    Pilot projects would be launched this year, the statement said.

    Talkweb Information System Co., Ltd. rose by the daily limit of10 percent to 48.84 yuan. Guangdong China Sunshine Media Co., Ltd. also rose 10 percent to 11.41 yuan. TCL Corp. gained 8.6 percent to 5.81 yuan.

    Home electric appliance makers rose across the board boosted by rising domestic consumption and government policies remaining in place to spur consumption in rural areas by subsidies to farmers.

    Hisense Electric Co., Ltd. rose 8.93 percent to 25.85 yuan; Qingdao Haier Co., Ltd. added 5.65 percent to 22.44 yuan.

    Realty firms rose after official data out Thursday showed housing prices in China's 70 large and medium-sized cities rose 7.8 percent in December 2009 from a year earlier, and were up 1.5 percent compared to the previous month.

    Poly Real Estate Group Co., the country's second largest developer, 0.78 percent to 20.59 yuan. China World Trade Center Co., Ltd. added 1.46 percent to 11.11 yuan.

Special Report:  Global Financial Crisis