China stocks up 0.9 pct, best weekly gain in 8 wks

SHANGHAI, July 3 - Chinese stocks rose 0.92 percent on Friday and scored a 5.5 percent weekly gain, the best in 8 weeks, with coal and property shares strong as brisk lending growth and rising power output boosted optimism over the economy.

The Shanghai Composite Index <.SSEC> ended at 3,088.367 points, setting a 13-month closing high for a third consecutive session.

Gaining Shanghai A shares outnumbered losers by 575 to 338, while turnover in Shanghai A shares dipped to 177.0 billion yuan from Thursday's heavy 180.6 billion yuan.