The new vocational education law came into force on May 1, and the 100 billion vocational education market accelerated development

The 34th meeting of the Standing Committee of the 13th National People’s Congress voted on April 20 to adopt the newly revised vocational education law, which will come into force on May 1, 2022. The new vocational education law makes it clear that vocational education is an education type with the same important status as general education. Efforts to improve the recognition of vocational education, deepen the integration of industry and education and school enterprise cooperation will better promote the high-quality development of vocational education.

Since the release of the national vocational education reform implementation plan, the state has adhered to the synchronous development of diploma based vocational education and vocational training, and has given quantitative indicators in the annual government work report (2019: 15 million people trained; 20202021: 35 million people trained). The agency pointed out that vocational education involves a population of 330 million. These include 50 million students with high school education or above and 280 million labor market workers with junior high school education or above. If the annual training person time accounts for 1 / 10 and the training fee per capita is 4000 yuan, the scale of the training industry can reach 112.8 billion yuan.

According to the theme database of financial Associated Press, among the relevant listed companies:

Jiangsu Chuanzhiboke Education Technology Co.Ltd(003032) the cooperation with Huawei Hongmeng is mainly to build Hongmeng developer community, promote courses and developer certification. The company takes the “College of communication and intelligence” as the platform and runs a joint school with Shanghai Open University.

Xueda (Xiamen) Education Technology Group Co.Ltd(000526) in the field of vocational education and science and technology education, XueDa information, a wholly-owned subsidiary, signed the strategic cooperation framework agreement with Dane times Technology Group Co., Ltd. to carry out in-depth cooperation in non subject education and training business in the radiation areas of the centers of both sides.

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