Why China’s Education Market Can Avoid the Financial Crisis

After the financial crisis, China's overall economic development do not experience a huge recession but various sectors have displayed the phenomenon of ‘the superior win and the inferior wash out. Some small businesses cannot survive and big businesses continues by cutting the cost. However, China’s education market do not experience any shock but develop vividly at a time of crisis.

At present China’s education market has maintained a steady growth trend. There are many reasons and some of them can not to be ignored.

First of all, In modern society, there are few major enterprises to generate enough jobs to absorb increases in new workers from population growth, making a particularly fierce competition among talents. In order to obtain greater employment opportunities, many people have to allow themselves to receive a continuing education and enhance their own value. This is why education market is always in demand.

Secondly, In modern society, the undergraduates can no longer be the sweet pastry. Many enterprises are likely to choose highly educated individuals. Therefore, in order to improve their competitive strengths in the employment market, many students seek to continue their studies after graduating instead of finding a job, which create a good development chance for the training institutions on postgraduate exams and professional skills.

What’s more, parents like to choose after-school classes and arts classes for the children by hoping their babies could achieve a more comprehensive development to survive in the society more easily, which lay the foundation of growth for arts education institutions.

In conclusion, the financial crisis is terrible and causes a profound economic effects, but the education market is booming. The development of any market is depended on the demand. With the development of society and the trend of livelong study, China’s education market has greater potential. The huge China’s education market also attracts some famous foreign education institutions. China has become more economically open, allowing international institutions to penetrate the market faster. It is believed that a new era of fierce competition in China’s education market is coming.