Chinese shares open 0.73% higher following Wall Street rally

BEIJING, Dec. 3 (Chinese media) -- Chinese shares opened 0.73 percent higher on

Wednesday in reaction to a Wall Street rally overnight.

The benchmark Shanghai Composite Index, which covers both A and B shares,

rose 0.73 percent to 1,903.43 at the opening. The smaller Shenzhen index was up

0.56 percent, to open at 6,833.86 points.

U.S. Treasury Secretary Henry Paulson will lead a high-level delegation to

Beijing on Thursday to discuss a range of economic issues, including the ongoing

financial crisis that has dragged the U.S. economy into recession and lowered

China's economic growth as well.