CHINA
China

 

EDUCATION NOW $ 156 BILLION MARKET IN CHINA

 WTO membership has heightened the value of education in China, offering a
huge opportunity for foreign companies  (To-day Newspaper)

Even the couple themselves, both university graduates, are taking part-time postgraduate courses. The Zhao  family is a typical example of how much the people in China value education, which has become a huge market of opportunity for foreign educational establishments and investors. And the amount of financial investment the Chinese are prepared to make shows how eager they are to obtain a good education.

A recent survey by the State Statistics Bureau shoed that the Chinese people put aside 10 per cent of their total savings for the purpose of education.  This translates into nearly 700 billion Yuan (S$156 billion), since residents’ total savings now amount to more than seven trillion Yuan. 

 Indeed, the market potential of the country’s education sector is enormous. “The country has 300 million people who are receiving various forms of education, from compulsory to tertiary and adult education, providing a huge education market,” said education counsellor Wang Yongli of the Chinese embassy in Singapore at a recent seminar… 

Jiang’s use of English ‘shows Chinese hunger to learn’

 Shanghai: 

 Chinese President Jiang Zemin’s resolve to use English to chair the meetings at this week’s Asia-Pacific Economic Co-operation (Apec) shows the hunger of the Chinese to learn the language.

 And the learning fever is bound to spread to the entire Chinese society because top Chinese
leaders have shown the way, Prime Minister Goh Chok Tong said yesterday. Speaking to the Singapore media at the end of the Apec meetings, he said he was impressed that Mr.Jiang, even at 75 years old, was ‘prepared to learn’ to handle meetings in English – with commendable diction  with summit leaders...

 (Straits Times, Monday, October 22,  2001)


BEIJING’S PRE-OLYMPIC LANGUAGE DRIVE – CHINA

Love your country?  Speak up in English

 With more than half a million visitors expected for the 2008 Olympics, officials
want their city to look and sound its best

Beijing:

   Beijing is appealing to residents to rally behind a drive to learn English before the world converges on the Chinese capital for the 2008 Olympic games.

 About two million people here can speak English and other foreign languages and the authorities are aiming to double that number by running a series of courses. Beijing’s message to its 13 million residents is: Speak up – in English or any other major foreign language – to show off the city’s international standing when the visitors and athletes show up for the games…

 (Straits Times, Saturday, November 2, 2002 )

             

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