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Education Industry

All articles tagged with #education industry

business1 year ago

"Rising Demand: China's Booming Elderly Tutoring and Robotics Market"

China's rapidly aging population is driving a surge in the market for recreational classes and activities catering to the elderly middle class, with companies like Mama Sunset and Quantasing offering a variety of courses from tai chi to traditional medicine. The senior learning market is expected to grow at a compound annual rate of 34% by 2027, reaching 120.9 billion yuan. However, analysts caution that low retirement incomes and financial insecurities may limit the industry's potential, despite government support and tax incentives for products and services targeting the elderly.

education2 years ago

Private Schools in China Reevaluate Future Plans Following Disappointing Growth Results

Shareholders of Dulwich College International, a British school with operations in China, are reportedly in talks for a potential sale of its Asia business due to the challenges faced by private schools in China's education industry. Dozens of international and private schools in China have been closing or merging as a result of tighter regulations, a slowing economy, and declining foreign student numbers. The expansion of privately run bilingual schools offering a western exam curriculum was hindered by new rules imposed by Beijing and the crackdown on private tutoring. The COVID-19 pandemic and slowing economic growth have further exacerbated the challenges.