ResearchInChina has just published its China Education and Training Industry Report, 2007-2008. It reports that 2007 witnessed a continuous and fast development in China’s education and training industry, which has formed a huge market.
The government has gradually opened up the education market and has given substantial support to the non-public funded education.
IT training, English training, management training and children education have become the pillars for the current training and education industry.
In 2007, with the adjusted business model put in place and the participation of capital market, the industry ushered in a new round of developmental surge.
The market value of China English training market totals around RMB15 billion.
There are already more than 50,000 English training institutions in China.
It is expected that the market value of China English training industry will reach RMB30 billion in 2010.
Distance education is also a major part of training market. Distance education has a high production and support costs, but a low sending cost, which is decided by its features of one-off exploitation, indefinite use and separation between teachers and students.
Source: PR Inside.com