K 12 education refers to primary school, junior high school and senior high school education, K 12.
Extracurricular training mainly provides extracurricular tutoring services for primary and secondary school students. As an effective supplement to in-class education, it is the main means to make up for the shortage of in-class education and realize personalized education.
China plans to comprehensively promote the development of K 12 education in the next five years. Strive to reach 2 1200 in nine-year compulsory education and high school education by 2020.
The gross enrollment rate reached 95% and 90% respectively.
China K 12 Education Industry Market Foresight and Investment Strategic Planning Analysis Report issued by Forward-looking Industry Research Institute points out that from the perspective of market development, China's education industry is in the expansion stage, and the overall scale of the industry will double in five years, that is, from 20 15/0.6 trillion yuan to about 3 trillion yuan in 2020, with a compound annual growth rate. The education market of K 12 is about 500 billion yuan, and it is expected to reach 880 billion yuan by 2020, with a compound growth rate of about 12% in the next five years.
The increase of urbanization rate will promote the increase of industry participation rate.
According to the data of Forward-looking Industry Research Institute, 59.5% of students are now studying in training institutions. From the reality, the students who participate in extracurricular training in China are mainly concentrated in urban areas, and the above participation rate can be equal to that of urban students; The participation rate of rural school-age population is obviously lower than that of urban population.
Policies and regulations such as the People's Promotion Law generally support the development of private education.
At present, the industry regulations and industrial policies involved in the private education industry mainly include People's Republic of China (PRC) Private Education Promotion Law, People's Republic of China (PRC) Private Education Promotion Law Implementation Regulations, and National Medium-and Long-term Education Reform Plan Outline.
And the Ministry of Education's "Implementation Opinions on Encouraging and Guiding Private Funds to Enter the Education Field to Promote the Healthy Development of Private Education".