TMTPOST -- Chinese equities rose on Tuesday as markets reopened following a five-day holiday, buoyed by improving signals on U.S.-China trade relations and encouraging data on domestic spending. The benchmark CSI 300 Index gained 1%, led by strength in telecommunications and technology stocks. Meanwhile, an index tracking small-cap shares jumped 3.3%, marking its highest close in a month. Investor sentiment improved after U.S. Treasury Secretary Scott Bessent said substantial progress in trade negotiations with China could be seen in the coming weeks. His comments built on earlier remarks from President Donald Trump, who indicated a willingness to reduce tariffs on Chinese goods. That optimism was further fueled by Beijing’s announcement last Friday that it is evaluating the possibility of resuming trade talks with Washington.