Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Research on the Impact of China’s “Double Reduction” Policy on Out-of-School Remedial Classes

Authors
Banglun Wu1, *
1Warren College, University of California San Diego, La Jolla, CA, USA, 92093
*Corresponding author. Email: b2wu@ucsd.edu
Corresponding Author
Banglun Wu
Available Online 15 December 2021.
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.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
10.2991/assehr.k.211209.091
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.091How to use a DOI?
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  -