Research on the Impact of China’s “Double Reduction” Policy on Out-of-School Remedial Classes
- DOI
- 10.2991/assehr.k.211209.091How to use a DOI?
- Keywords
- Double reduction policy; education industry; New Oriental; TAL Education; Gaotu Education
- Abstract
Recently, the Chinese government issued a “double reduction” policy aimed at reducing the academic burden of students in the compulsory education stage. At the same time, this policy also suppressed the education industry. This paper will take a deep look into the after-school tutoring industry which is the first industry that the government took action to. By analyzing the private after-school industry, we will gain an insight into the purpose, magnitude, and impact of the Chinese crackdown on private firms. This paper will first break down the new policy toward China’s education industry. Then, collect representative firms’ statistics and recent news to analyze the impact of the policy. This paper will show China’s government’s strong control towards its domestic market. It will cite the latest quote from the government to find the possible future moves. The Chinese government crackdowns on tutoring industry set guidelines for different type of tutoring classes and industries will have to reshape. The control of private tutoring industries from Chinese government is crucial to its goal of achieving common prosperity.
- Copyright
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Banglun Wu PY - 2021 DA - 2021/12/15 TI - Research on the Impact of China’s “Double Reduction” Policy on Out-of-School Remedial Classes BT - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021) PB - Atlantis Press SP - 548 EP - 552 SN - 2352-5428 UR - https://doi.org/10.2991/assehr.k.211209.091 DO - 10.2991/assehr.k.211209.091 ID - Wu2021 ER -