Market Size and Student Enrollment in China’s Higher Education Industry
The China higher education industry has experienced strong growth over the past few years, primarily driven by the rising expenditure of both public expenditure and private investment. Total revenue generated by China’s higher education industry has increased from CNY688.0 billion in 2011 to CNY940.8 billion in 2015 and is expected to increase to CNY1,384.0 billion in 2020, while the total revenue generated by China’s private higher education sector increased from CNY64.6 billion in 2011 to CNY92.6 billion in 2015, and is expected to further increase to CNY156.3 billion in 2020.…
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