China Education and Training Industry Report, 2008
China's education and training is a sunrise industry. In particular, China's vocational education market has a great potential. China's college graduates have entered a period of fast growth. In 2007, China's number of college graduates jumped to 4.79 million from 2.50 million in 2004, which on the one hand increases greatly employment pressure on the society, on the other hand, quite a few companies are still short of qualified talents. Such a poor match between supply and demand generates a huge demand for education after graduation. A continuous rise in the number of people pursuing bachelor and master degrees and a sustained expansion of college enrollment offer an enormous market for education and training industry.
In 2007, China had a total of 95,200 various kinds of private schools at all levels (excluding 22,300 private training institutions). The number of students aiming for various sorts of academic qualifications totaled 25.84 million in the year, of which, 1.63 million students studied in 297 private colleges and 1.87 million students studied in 318 subordinate colleges.
Chinese family's attention to education and increasing rise in employment pressure at home provide a good opportunity for China's education and training industry. Lots of venture capital companies have begun investing in the industry. In 2005, several websites companies raised funds worth more than 10 million dollars respectively.
In Sep. 2006, New Oriental was successfully listed in New York Stock Exchange, and meanwhile, Global IELTS Group gained a capital injection of CNY200 million from SAIF Partners.
In the first half year of 2007, JAFCO Asia poured US$10 million to Ambow Education Co. that specializes in elementary and junior middle school education, IT training and English education.
In Sep. 2007, Eduask, an IT training specialist, announced that it has gained venture capital of US$20 million from SAIF Partners, which had earlier injected venture capital into Global IELTS Group, ChinaWeEdu and ATA.
In Sep. 2007, Carlyle Group injected US$20 million into Neworld Education Group, which specializes in training of Japanese language.
In Oct. 2007, 21Edu Co., Ltd. gained a capital injection of nearly US$20 million in its first round of fundraising led by CDH Venture.
Based on the authoritative statistics from the Ministry of Education, notices of listed companies and in-depth case study, the report makes a comprehensive analysis on the development, policy environment and key companies of China's education and training industry, and makes a thorough study on the current situation and development trend of 16 education and training companies. The report also offers suggestions on investment in the industry in 2008 based on the analysis of investment in China's education and training industry in 2007 to 2008.
News&Opinion

- Experience China Cultural Event to Promote Mutua...
- China to support Mideast Peace Process Despite S...
- Pakistan-China Friendship Year 2011
- All Schools Reopen in Quake-hit Chinese County
- China to Train more Technicians to Support Growth
- Chinese citizens Return Home from Japan
- 100th Anniversary of China's 1911 Revolution Mar...
- Taosim Festival opens in Hong Kong
Policy&Laws
China Helps Cuba Modernize Quake Warning System
Chinese experts in Cuba have concluded the assembly and launch of a ...
China Fashion Week Kicks off in Beijing
Models present creations at the Han Bo Award contest dur...
China Makes Great Contributions to MDGs
Since global leaders established the Millennium Development Goals (M...