The education and training industry
mainly involves in after-class tutoring, IT training, foreign language training,
online education, pre-school education and skill cultivating. In China, the
market size of the education and training industry soared from RMB610 billion
in 2008 to RMB955.4 billion in 2012, with the CAGR of 11.87%.
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During 2012-2013, the development of
China education and training industry presented the following
characteristics:
1. More and More Education Groups
and Internet Enterprises Are Tapping Online Education Field
On the one hand, education
institutions are launching online courses covering a wide range of domains,
such as foreign language, qualification test, skill education, and tutoring for
students at elementary and secondary schools; on the other hand, internet
enterprises are making positive efforts in building platform to share education
content.
2. Private Kindergartens in China
Are Witnessing Rapid Growth
The number of private kindergartens
increased from 48,368 in 2002 to 115,404 in 2011, with the CAGR of 10.14% or
the proportion surging from 43.28% to 69.21%. Thanks to the preferential
policies, provinces and cities all across China have introduced
“Three-Year-Long Pre-school Education Action Plan”, a move which triggered the
number hike of kindergartens.
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