Perception of training needs to be refreshed

In its latest guiding document on promoting the high-quality development of service consumption, the State Council, China's Cabinet, has mentioned education and training consumption.

Which move has been seen by some market analysts as giving the green light to the revival of the extracurricular academic education and training industry. Actually, the document makes it clear that those equating the stimulation of education and training consumption with the lifting of the ban on extracurricular academic education and training are misinterpreting it.

Extracurricular academic training during the compulsory education stage is still banned. The education and training referred to in the document mainly concerns higher education, vocational education, and nonacademic training. Instead of lifting the ban on the former, the State Council document aims at promoting the development of the latter type of education and training, which is not only a potential space for consumer spending but also indicates new directions for the development of the education and training industry, as some educational institutions that faced difficulties could also find opportunities in this new sector.