China stocks end up 0.3 pct, best week in 3 mths

SHANGHAI, Nov 6 (Reuters) - China's key stock index rose 0.28 percent to a fresh three-month closing high on Friday and posted its best weekly rise in more than three months, buoyed by optimism over the economy and that monetary policy would remain loose.

The Shanghai Composite Index .SSEC ended at 3,164.037 points, climbing for a sixth session in a row and gaining 5.6 percent for the week.

Gaining Shanghai A shares outnumbered losers by 513 to 348, while turnover picked up to a seven-week high of 181 billion yuan from Thursday's 155 billion yuan.

Daqin Railway (601006.SS) rose 4.51 percent to 11.35 yuan before it was suspended from trade in the afternoon pending an important announcement.

Shares of Hainan-based firms gained after news that a plan to develop international tourism on the southern Chinese island may soon get approval. ($1 = 6.83 yuan) (Reporting by Claire Zhang and Edmund Klamann)