Mumbai, July 1 -- Chinese markets closed mixed on Wednesday as investor sentiment remained cautious over the country's uneven economic recovery. The Shanghai Composite rose 0.44% to close at 4,112, while the Shenzhen Component fell 0.53% to 16,119.

Investor confidence was weighed down by concerns over slowing growth after Goldman Sachs said discussions with Chinese investors reflected increasing caution due to weak consumer confidence, labour market pressures and the continuing property sector downturn. A private survey also showed China's Manufacturing PMI eased slightly to 51.7 in June from 51.8 in May, pointing to a moderation in manufacturing growth.

President Xi Jinping reiterated the government's commitment to promoting high-quali...