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The booming demand for English teachers in China has been flourishing for decades now and despite the onset of the COVID-19 pandemic, the long-term demand does not seem to be going way. Furthermore, even if growth in the Chinese economy stagnates, the English teaching market is expected to continue to grow. Chinese society has placed…
China is evolving from an industry-based economy to a service-based economy. The technology already has changed the way people live, and in the next future, the passage to an even more technological nation will mean new demand for required skills. How the Training Market will be in 10 years? Will China be able to train…
China’s online education market in 2019 reached 31, 48 billion US$, according to research firm Frost & Sullivan, and it will be worth US$ 100 Billion by 2026. Online education is an inevitable and revolutionary tendency of education, which is expected to overwhelm the traditional methods of teaching and learning. Among the online education, English…
The Chinese Edtech firm Zuoyebang raised US 1.6 billion in a series E+ round. Business Giants like Alibaba, FountainVest Partners, Tiger Global, Sequoia Capital China, SoftBank Vision Fund, and Tiger Global joined the round. So, read below to know why Baidu is funding Zuoyebang, but first, let us answer the following questions: What is…
The online education business is growing by 15% year-over-year in Mainland China. This is because of the huge emphasis on quality education in modern China. It is all part of the wider goal set by the government to shift from a manufacturing economy to a more service-based one. Education is a pillar in this nationwide…
Though it is widely known that education is an important part of Chinese society, such a success for the online education market wasn’t expected. Even if China usually tends to prefer traditional institutions, many things changed since its economic boom. They modernized many things, education included. So online education started to get really popular in…
Chinese Demand for English Teacher keep increasing since 10years, and Chinese Kids start learning english early and early. Following the booming demand for English teachers, the English teaching market in China has been flourishing for decades now and the trend does not seem to slow down. Even if the Chinese economy starts to stagnate, the…
China’s rapid digitalization has greatly impacted people’s lives in various ways. It has not only changed how people communicate, do shopping, make transactions, or even date – it has also changed how they learn. University students, housewives, retirees, employees of small and large companies, freelancers…- millions of people nowadays turn to online courses to increase…
A wealthy Chinese family reportedly spent nearly $ 6.5 million to ensure that their daughter was admitted to Stanford University. This event is the simple illustration that the Chinese are ready to spend a lot of money on the education of their children. The parents of a Chinese student admitted paying $ 6.5 million to…
Although education does not normally fall into the luxury goods category, the Hurun Luxury Consumer Price Index 2017 reveals that in a market like China, characterized by the rapid expansion of an ambitious middle class, this sector saw the sharpest increase in prices, second only to that of the real estate market. Expenses for masters…
Education is one of the biggest markets in China. One of the most talked about start ups is an education company valued at an estimated $3 billion. More specifically, the education the industry is showing a lot of promise. Online English tutoring is said to grow to an $B billion dollar industry next year. <p…
Every year 9 million Chinese students have to pass a very stressful exam that will determine which university they can attend. This exam in the same way will also influence their job and social position in the future. Considering the fact that before the new law, the Chinese family was allowed to have only one…
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