China’s online vocational learning set for rapid growth in what analysts label ‘megatrend’ - Celia Chen, South China Post

China’s online vocational education industry is about to blossom into a major new consumer sector, thanks to changes wrought by mobile internet, as well as consumer enthusiasm for the new medium, according to a report by Citic Securities. Citic Securities analysts led by Guo Yi said the market for online vocational learning is currently worth about 150 billion yuan, but will balloon to around 585 billion yuan by 2020. “Online education represents a megatrend as the internet and mobile internet infrastructures develop and the user habits change,” Guo said. Among factors fuelling the rapid growth, mainland Chinese are finding online learning can help broaden their employability at a time of increasing competition in the job market http://www.scmp.com/business/companies/article/2024035/chinas-online-vocational-learning-set-rapid-growth-what-analysts