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Education field, the last cake during 21st century in China.
-- The Chinese soaring education industry under globalization On September 7th, 2006, it is along with New Oriental Group - China's biggest and most influential English training organization (NYSE: EDU) started the transaction in the American New York stock exchange, the whole world is paying attention to this 2.5 billion US dollars market value’s company, and is paying more attention to over 500 billion China training education market. On December 11th, 2006, the Chinese banking industry completely opened to the foreign capital. Opening of banking industry brings huge attraction and huge repayment to the foreign capital, which will make the whole world to pay attention that what is the next completely open industry to the foreign capital. Without doubt, the education industry is the last cake in current Chinese market! China training education market will get RMB 400 billion in the next5 -10 years, and will be maintaining fast development. The private college, training center (the IT training, English training) and the children education has become the three important parts in current education industry. In 2006, China had more than 500 private universities, total enrollments were RMB2.8 million, and in 2006 private university’s revenue was approximately in 20 billion, the revenue will estimate to achieve RMB30 billion in 2010. In the training field, the whole IT education and the training service market sales achieved RMB4.149 billion, and still were maintaining 30% increasing. The current Chinese English training market total value is RMB15 billion, at present the national English training organization number had got more than 50 thousand. In 2010, English training market total value will get RMB30 billion. The estimation in the next 5-6 years, Chinese previous school education market expenditure will get over a thousand hundred million. Being an enterprise, the training education industry chain-like number has steady grown, at present main training education chain-like brand shop rate of increment approximately 26%. The nationwide chain-like brand is forming, the consumer is more and more consider the brand value. The overseas training education chain-like brand develops very slowly in China. Among them, using joint venture model of the chain-like brand develops better than using the sole ownership management model. The giant market is holding the huge commercial opportunity, we expect to cooperation with global investor to pay attention to this market together, impels the China education market’s development, and share long-term stable repayment. |
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