NewsChina, Chinese Edition
August 12, 2021
The general offices of the Communist Party of China (CPC) Central Committee and the State Council have issued policies intended to ease the amount of homework and after-school tutoring students do, known as “double reduction.” The Ministry of Education will establish a joint law enforcement mechanism to regulate the tutoring market by working with other government agencies. After-school tutoring institutions encountered unprecedented rectifications and a number of them declared bankruptcy, even though they had received gener- ous allowances due to the Covid-19 pandemic. According to Forward Intelligence, a private consultancy, the market size of China’s educa- tion training sector rose from 1.67 trillion yuan (US$260b) in 2015 to 2.37 trillion yuan (US$370b) in 2019. The market is now expected to shrink to 1.81 trillion yuan (US$280b) in 2021. These institutions have been blamed for adding anxieties to parents and severely disturbing the public education system. The rectification of training institutions is just a start of a series of education reforms which will work to elimi- nate cutthroat competition in the education sector.