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China Education And Training Market Size, Industry
Share, Growth, Trends and Forecast Report, 2014-2017:
Market Research Reports.Biz include new market research reportn"China
Education And Training Industry Report 2014-2017" to its huge collection of research reports. Browse All Education Market Research Reports at http://www.marketresearchreports.biz/category/152 Albany, NY (PRWEB) November 01, 2014
In 2013-2014, China education and training industry is characterized as follows:
1, There are many education and training institutions but few large ones.
As of the end of 2013, China had boasted a total of
112,300 education & training institutions but few of them could achieve annual revenue of more than
RMB1 billion. The companies with higher proceeds consist of New Oriental Education & Technology
Group, Inc., Xueda Education, TAL Education Group, etc., and the three’s revenue in 2013 was respectively up to USD1.055 billion (RMB6.437 billion), USD347 million (RMB2.116 billion), and USD287 million
(RMB1.764 billion). The overwhelm majority of companies sees their annual revenue of less than
View Full Report at http://www.marketresearchreports.biz/analysis/226441 2, Competition pricks up, and the training institutions with weak comprehensive strength are merged or exited the market.
During 2003-2013, the number of education & training institutions in China fell from 230,600 to 112,300, a
Latest Publication On China sharp drop of 51.3%. It is worth noticing that large
Education And Training Industry training organizations with better quality of training activities and more competitive strength established
Report, 2014-2017 well-known brands and got highly recognized among consumers and in the market, thus ceaselessly expanding the learning centers, take example for Xueda education whose learning centers rose from 32 in 2007 to
462 in the first half of 2014.
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3, Policy environment for private education gets better and further open.
Chinese Government encourages and guides private capital into the education sector and continuously consummates relevant financial and tax policies. For instance, in March, 2013, the Decision of the State Council on Accelerating the
Development of Modern Vocational Education was issued, which pointed it out that “to release the opinions on encouraging and supporting the development of private education, to implement the policies and measures about the development of private education, and to attract social capital into education sector”. The draft of Several Opinions on
Further Encouraging Social Forces to Run Education has been finalized for the moment, which covers many domains of private education such as classified management, school-running admission, school-running financing channel, financial investment mechanism, etc.
4, Vocational education rises as a national strategy.
In June, 2014, the State issued the Decision of the State Council on Accelerating the Development of Modern
Vocational Education and the Modern Vocational Education System Construction Planning (2014-2020). Before 2020, the proportion of medium and large enterprises participating in running vocational education schools should be above
80%. Bolstered by policies, the education & training institutions and enterprises have successively set foot in vocational education. By the end of September, 2014, 26 listed companies in the A-share market have been involved in vocational education.
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5, Traditional education and training institutions make more investment in online business.
In 2013-2014, online education attracted the massive inrush of capital,