China private education industry is booming despite economic slowdown
  • Estimates of the size of annual revenues in the private education sector vary from 1.6 trillion yuan (US$238 billion) to 2.68 trillion yuan from Deloitte
  • Online education market was valued at 251.7 billion yuan (US$37 billion) last year and will reach 380.7 billion yuan in 2020, consultancy firm says
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