China says efforts to tackle overcapacity have not impacted employment: stats bureau

January 19, 2016 4:44 AM

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China says efforts to tackle overcapacity have not impacted employment: stats bureau

[BEIJING] China's efforts to deal with industrial overcapacity and zombie firms have had no obvious impact on employment, the country's statistics bureau said on Tuesday.

Wang Baoan, the chief of the National Bureau of Statistics, said current macroeconomic policy measures - implemented since the 18th party congress - are effective and he is confident in China's economy over the medium to long term.

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