Internet Education Looks Promising

In terms of attracting start-ups, experts at the China Internet Conference in Beijing believe Internet education will be the “next big thing.” Internet Education Committee of Internet Society of China Director Yu Minhong expects the Internet education sector to soon see as many as 50 listed companies with a total capitalization of US$1 trillion. Unlike many other sectors, Yu believes the Internet education sector will not be dominated by one major player. Sinovation Ventures Operating Partner Huang Huiwen noted that private investment in China’s education sector has surpassed that of the US, and that it is on track to continue to increase at a quicker rate.