The ASX200 has climbed to a fresh record high after strong economic data from China. -AAP Image
The local share market has closed at its highest level for the second time in a fortnight after China reported better-than-expected quarterly economic growth.
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The benchmark S&P/ASX200 index on Tuesday finished above 8,600 for the first time, rising 59.9 points, or 0.7 per cent, to 8,630.3.
The ASX200's previous highest close was 8,597.7, from July 2, while its intraday record stands at 8,639.1, set on June 11.
The broader All Ordinaries on Tuesday gained 60 points, or 0.68 per cent, to 8,875.3.
In China, the National Bureau of Statistics reported Tuesday that the world's second-biggest economy grew at 5.2 per cent in the June quarter, slightly better than consensus estimates of 5.1 per cent growth.
The Australian dollar was buying 65.53 US cents, from 65.62 US cents at the close of business on Monday.Â
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