Posted by: oliviapontet | January 15, 2017

China’s education is changing !

The Chinese education market is large and is expected to expand further in the coming years as Chinese families prepare their children to compete in an economy that is incredibly different from the one in which they grew up. Already 1.6 billion RMB in 2015, should almost double to 3 billion RMB (450 billion dollars) by 2020. Education is the first priority for desperate parents to help their children to progress in the China competitive and modern.

THE CHINESE EDUCATION MARKET

The growth of the education industry of China is world leader. Investment cases rose from 190 in 2014 to 270 in 2015 – an increase of 42 per cent – and the number of mergers and acquisitions and IPOs increased by 165 and 76 per cent, respectively.

In line with this growth there is a significant demand for educational services abroad that highly competitive consumers experience and quality of expertise abroad. A lot of discussion revolves around attracting Chinese foreign students, but domestic, Chinese investment in education is often lined, this is surprising as it presents incredibly lucrative investment opportunities.

A SOCIETY IN CHANGE

The years of rapid economic expansion were previously based on the masses of low-cost workers. Now, with a growing middle class, higher disposable incomes and higher living standards, China is making the transition to a more mature development model. The Chinese state is concentrating more on creative innovation, domestic affairs, services and skilled labor, richer families investing in education to meet this demand and adapt to modern Chinese expectations .

China faces an aging population due to the long-term effects of the one-child policy, however to counter these laws have been changed, parents can now have two children without incurring fines from the state. Of the 1.37 billion citizens in China, 17 percent are between 0 and 14 years of age, equivalent to about 230 million in need of education. Parents of almost a quarter of a billion children are on average significantly richer than 10 to 20 years ago, so education spending has increased to become the most valuable commodity in an extremely Competitive, setonhill.edu/

The one-child policy also encouraged parents to invest heavily in the education of their children, the official slogan of the party was “a child but of better quality”. The culture of pooling family resources for the development of their children’s education remains common.

see more : http://marketingtochina.com/chinese-education-market-projected-double-450-billion-2020/

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