Page 362 - 2020 White Paper on the Business Environment in China
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0 White Paper on the Business Environment in China
2.15 Education Industry
Key Take-Aways Background
The Communist Party of China Central China’s gross enrollment ratio in high school
Committee and State Council level education reached 88.8 percent in 2018, up
published a new guideline for advancing education 0.5 percentage points from the previous year.
reform and improving the quality of compulsory The number of schools offering high school level
education in 2019. The guideline aims to develop education, including high schools and secondary
an education system that will foster citizens with an vocational education institutions, stood at 24,300
all-around moral, intellectual, physical and cultural in 2018, down 1.21 percent from the previous year.
grounding, in addition to a hard-working spirit. The total enrollment of China’s high school level
education institutions in 2018 was 39.34 million,
A large increase of 228 new international down 0.91 percent compared with the previous
schools opening in China over the past five years year (Xinhua, China’s High School).
brings the total to 857. The ownership of the new
schools has also hiked the number of Chinese- China has set the targets of establishing itself
owned private schools offering an international as one of the most innovative countries by 2020
education to 563. New State guidelines provide and a leading innovator by 2030 before realizing
greater clarity for foreign schools and suppliers the objective of becoming a world-leading power
wishing to benefit from China’s expanding private in science and technology by 2049. To realize the
education market. The new policies seem to goals, the new guidelines that came out in 2019
forecast a push back by domestic firms against stressed that efforts should be made to protect
the edge that foreign companies possess. student curiosity and imagination, arouse their
interest in learning, and encourage them to be
Chinese private education stocks sank on in more creative and innovative. The reform will also
late 2018 after Beijing moved to tighten the reins change the performance evaluation standards
on the early education sector, citing child safety from local authorities to schools and student
issues that have hit some firms over the in 2018 development (Xinhua, Key Document).
and saying that others were making too much
profit. For many years, parents in China have
complained that the Chinese education system
Online English-language courses for children places too much emphasis on scores. They
continues to see an explosive growth. The market say the system puts too much pressure on
had more than 15 million users in 2018, up 168.3 students, many of whom turn out to be good
percent year-on-year, and surpassed US$7.3 at taking exams but poor in life abilities. In an
billion in 2019. The market size of online English- attempt to change this situation, the Communist
language education for children was 21.3 billion Party of China Central Committee and State
yuan in 2018, an increase of 104 percent year-on- Council published a new guideline for advancing
year, with one-on-one teaching taking up more education reform and improving the quality of
than half of the market size. compulsory education in 2019. The guideline aims
362
2.15 Education Industry
Key Take-Aways Background
The Communist Party of China Central China’s gross enrollment ratio in high school
Committee and State Council level education reached 88.8 percent in 2018, up
published a new guideline for advancing education 0.5 percentage points from the previous year.
reform and improving the quality of compulsory The number of schools offering high school level
education in 2019. The guideline aims to develop education, including high schools and secondary
an education system that will foster citizens with an vocational education institutions, stood at 24,300
all-around moral, intellectual, physical and cultural in 2018, down 1.21 percent from the previous year.
grounding, in addition to a hard-working spirit. The total enrollment of China’s high school level
education institutions in 2018 was 39.34 million,
A large increase of 228 new international down 0.91 percent compared with the previous
schools opening in China over the past five years year (Xinhua, China’s High School).
brings the total to 857. The ownership of the new
schools has also hiked the number of Chinese- China has set the targets of establishing itself
owned private schools offering an international as one of the most innovative countries by 2020
education to 563. New State guidelines provide and a leading innovator by 2030 before realizing
greater clarity for foreign schools and suppliers the objective of becoming a world-leading power
wishing to benefit from China’s expanding private in science and technology by 2049. To realize the
education market. The new policies seem to goals, the new guidelines that came out in 2019
forecast a push back by domestic firms against stressed that efforts should be made to protect
the edge that foreign companies possess. student curiosity and imagination, arouse their
interest in learning, and encourage them to be
Chinese private education stocks sank on in more creative and innovative. The reform will also
late 2018 after Beijing moved to tighten the reins change the performance evaluation standards
on the early education sector, citing child safety from local authorities to schools and student
issues that have hit some firms over the in 2018 development (Xinhua, Key Document).
and saying that others were making too much
profit. For many years, parents in China have
complained that the Chinese education system
Online English-language courses for children places too much emphasis on scores. They
continues to see an explosive growth. The market say the system puts too much pressure on
had more than 15 million users in 2018, up 168.3 students, many of whom turn out to be good
percent year-on-year, and surpassed US$7.3 at taking exams but poor in life abilities. In an
billion in 2019. The market size of online English- attempt to change this situation, the Communist
language education for children was 21.3 billion Party of China Central Committee and State
yuan in 2018, an increase of 104 percent year-on- Council published a new guideline for advancing
year, with one-on-one teaching taking up more education reform and improving the quality of
than half of the market size. compulsory education in 2019. The guideline aims
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