Chinese stocks closed at the highest level in almost 10 months on Monday, posting the biggest gains in Asia as investors await further clues from US Federal Reserve this week as to whether it will continue its wait and see approach.

The CSI 300 closed up 2.9 per cent, its largest one-day gain since late February, and pushing the index to its highest level since May. Consumer cyclicals were among the best performers on the index, rising 5.6 per cent while healthcare stocks gained 4.5 per cent.

The index is now 27.9 per cent higher for the year to date.