The average monthly disposable income of new small-town youths is 3,730 yuan, compared with 5,401 yuan of young people in China’s first and second-tier cities (“top tier cities”) according to a research report by Tencent. You can download CIW eBook: Small Town Youth, New Growth Engine in China Although there is a gap in income […]
On October 17th, Kuaishou (Kwai) Big Data Research Institute released the “2019 Kuaishou Education Ecosystem Report”, which systematically reviewed Kuaishou’s education ecosystem for the first time. The report shows that Kwai’s platform has generated as many as 200 million educational short videos so far. The average number of daily views has exceeded 2.2 billion, and […]
Research from a recently released HSBC report entitled “The Value of Education: Higher and Higher” reveals how parents’ attitudes towards and spending on their children’s education varies across the globe. In particular, it looks at parents’ attitudes towards university education abroad and online education, as well as their spending and investment in education. The following […]
Total revenues of China’s online education market reached 45.84 billion yuan (US$6.64 billion) in the first quarter of 2017, with an increase of 64.9% YoY or decrease of 4.8% QoQ according to data from the research company Analysis.
China’s online education market is estimated to exceed 162 million users in 2019 from 90 million in 2016; and, this market will grow to exceed 269 billion yuan (US$39 bn) in 2019 from 156 billion yuan (US$22.7 bn) in 2016.