A worker pours steel at a plant in Hefei, Anhui province. China expects to lay off 1.8 million workers in the coal and steel sectors as part of its efforts to reduce industrial overcapacity. Reuters A worker pours steel at a plant in Hefei, Anhui province. China expects to lay off 1.8 million workers in the coal and steel sectors as part of its efforts to reduce industrial overcapacity. Reuters
A worker pours steel at a plant in Hefei, Anhui province. China expects to lay off 1.8 million workers in the coal and steel sectors as part of its efforts to reduce industrial overcapacity. Reuters
China /  Politics

China to shed 1.8 million coal and steel jobs amid moves to rein in industrial overcapacity

Employment and welfare minister Yin Weimin gives no timetable for redundancies but is ‘confident of a smooth transition’

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Li Jing
Li Jing

Updated: 3:54pm, 1 Mar, 2016

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A worker pours steel at a plant in Hefei, Anhui province. China expects to lay off 1.8 million workers in the coal and steel sectors as part of its efforts to reduce industrial overcapacity. Reuters A worker pours steel at a plant in Hefei, Anhui province. China expects to lay off 1.8 million workers in the coal and steel sectors as part of its efforts to reduce industrial overcapacity. Reuters
A worker pours steel at a plant in Hefei, Anhui province. China expects to lay off 1.8 million workers in the coal and steel sectors as part of its efforts to reduce industrial overcapacity. Reuters
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