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tutoring companies listed on the New York and Hong Kong exchanges. Knowing that there is little ability to resist a Chinese government order, some of the biggest companies released statements saying the new policy was not good news for them but that they would comply with the instructions.
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There is some discussion that the reforms also seek to boost China's efforts to stave off a looming demographic crisis by reducing the cost of raising children. The plunging birth rate is driven by the high cost of living, low wages, long hours and little upward mobility. Much of the feedback to the reforms - including from Husaid they don't go far enough to change anyone's mind about having any, or any more, children.
In one poll, almost 70% of the 2,400 respondents said they didn't think the policy reform would reduce pressure on parents. Just 18% thought it would partly or entirely ease pressure.In Shanghai, Hu said the policy's intention was good and that she would now spend more time with her child doing outdoor activities. However, she is among many who fear that other parents will instead spend their money on private individual tutors - a difficult-to-regulate sector not yet targeted by the reforms - which would maintain or even exacerbate the education gap.
"It is financially and mentally challenging for parents to send their children to extracurricular schools. There are piles of cash behind a child's excellence," said one parent. "At the same time, I am concerned that parents will have to shoulder all the burden for educating their kids. Those with good grades succeed and the rest will be left far behind."
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Liu says the government needs to diversify and promote education pathways, encouraging and funding more students - particularly those from lower socio-economic regions - to enroll in vocational education, apprenticeships and other skills training. "The key is for the government to use their propaganda skills to associate these jobs with high social status and high returns."
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1) What was banned by China's state council in July, 2021?
A. foreign investment in such companies
tutoring in major subjects by for-profit companies foreign investment in such companies
BCD tutoring in major subjects by for-profit companies D. new licenses and all existing outfits
2) Private tutoring has thrived in the last ten years due to A. Poor quality at prestigious university places The explosion of many prestigious universities
C. Shortage of prestigious universities D. Shortage of prestigious university places
3) Another goal of the tutor-banning scheme is
A. To use education as an investment channel
B. To cater to the demand from urban families
C. To take strong action against megacorporations
