With the development of national culture and education industry, this phenomenon has improved. In the future, with the vigorous publicity of cultural and educational inheritance, the cultural and educational industry will usher in a huge development space. Cultural and educational industries include literature, philosophy and politics. In a narrow sense, culture refers to people's common social habits, such as food, clothing, housing and transportation, customs, lifestyles, behavioral norms and so on.

China's education and training industry is still in its infancy. Although there are nearly 10,000 educational and training institutions, only a handful of them have funds exceeding 654.38 billion yuan. Education and training industry is still a "rich mine" to be developed. At present, national brand education institutions such as New Oriental, Giant Education, Anbo Education, Global IELTS and other education and training institutions occupy a leading position in English (forum), extracurricular tutoring, vocational education and other industries.

Income growth promotes quality education expenditure. The growth of disposable income and the rise of middle-class families in China have promoted the expenditure on quality education. With the improvement of economic level, people's demand for education is getting higher and higher, which makes the education industry more and more optimized and promotes the development of quality education.

In the private education system, higher education is the stage with the highest profit rate, but it is not the stage with the highest market penetration. Private higher education industry has high barriers and is difficult to enter. The market penetration rate of private colleges and universities is 24.3%, which is much lower than that of private kindergartens (50.2%), but the net interest rate of private colleges and universities can be as high as 50%, and the market can break through geographical restrictions and face the national market.

Xinmin promotes the provision that private colleges can choose to become for-profit private schools, which clears the obstacles for private colleges to land in the capital market. At present, there are seven private education groups listed in Hong Kong stocks, five of which each have at least one university. 20 17 Of the five education groups listed in Hong Kong, three are engaged in higher education, all of which are assets of universities.