China NBS: Corporate debt ratio down by 0.5% y/y in 2017

China's National Bureau of Statistics (NBS) Director Ning Jizhe was out on the wires, offering more insights, following the release of the key Chinese economic releases.

Key Points:

The survey shows that unemployment rate in December is under 5%.

Urban unemployment rate in December is 4.98%.

The economy created more than 13 million new jobs in 2017.

Corporate debt ratio down by 0.5% y/y in 2017.