DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/s8dghv/china_education) has announced the addition of the "China Education and Training Industry Report, 2014-2017" report to their offering.
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 RMB1 billion.
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 sharp drop of 51.3%.
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.
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).
Traditional education and training institutions make more investment in online business. In 2013-2014, online education attracted the massive inrush of capital, and internet firms, venture companies, startups and otherwise all have made arrangements in online education. Also, traditional offline education & training institutions (New Oriental Education & Technology Group, Inc., TAL Education Group, Xueda Education, Juren Education, Longwen Education, Huatu Education, etc.) made more efforts in online business and mainly built O2O model by dint of their offline business. For example, New Oriental Education & Technology Group, Inc. has established a blended learning platform by depending on XDF.cn, an intelligent recorded online learning platform by relying on koolearn.com, and an open live online education platform by dint of Koo.cn. Besides, Weixue Mingri, which is co-funded by New Oriental Education & Technology Group and Tencent is exploring mobile learning field.
Key Topics Covered:
1. Schools, Students and Training Institutions
2. Education & Training Development Environment
3. Development of Vocational Education
4. Development of Non-Government Funded Education
5. Overall and Segmental Market of Education Training Industry
6. Key Enterprises in Education and Training Industry
- ATA Inc.
- Ambow Education Holding Ltd.
- China Distance Education Holdings Ltd.
- China Education Alliance Inc.
- ChinaEdu Corporation
- K-12 Education
- New Oriental Education & Technology Group, Inc.
- Pearson Group
- Shenzhen Kingsun Science & Technology
- TAL Education Group
- Tarena International
- Xueda Education
For more information visit http://www.researchandmarkets.com/research/s8dghv/china_education