China Education stocks and US stocks

China Education stocks in the United States fell sharply before the market, New Oriental fell more than 40%, good future fell by more than 44%, high way fell more than 20%. On the news, China gold has sharply lowered the target price of education stocks such as New Oriental online. We will cut the target price of New Oriental by 53% to $9.2, lower the target price of 67% to $29 in the future, and lower the target price of New Oriental online by 70% to HK $12.2. In addition, the State Council issued documents this week to clarify 25 key tasks in five aspects, including financial focus, promoting fair competition review and full coverage, regulating and governing monopoly and unfair competition. It refers to investigating and handling monopoly cases of platform enterprises according to law, and carrying out anti-monopoly law enforcement around key people’s livelihood areas such as medicine, public utilities, building materials, education and training, We will effectively safeguard the market fair competition order.

Guidance of six departments on promoting the construction of new educational infrastructure and building a high quality education support system

The guidance of six departments such as the Ministry of education on promoting the construction of new educational infrastructure and building a high-quality education support system

KCs [2021] No.2

The education departments (Educational committees), the network information office, the development and Reform Commission, the competent departments of industry and information technology, the communication administration bureau, the Department of Finance (bureau), the people’s Bank of China branch, the Education Bureau of Xinjiang production and Construction Corps, the network information office, the development and Reform Commission, the competent departments of industry and information technology, the Finance Bureau and the people’s Bank of China, are subordinate to various institutions of higher learning The Ministry and Province jointly build various colleges and Universities:

The new infrastructure of education is a new infrastructure system which takes the new development concept as the leading, information as the leading, faces the needs of high-quality education development, and focuses on information network, platform system, digital resources, smart campus, innovative application, credible security and other aspects. The construction of new educational infrastructure (hereinafter referred to as the new education infrastructure) is an important part of the new national infrastructure, the driving force of educational reform in the information age, and the strategic measure to accelerate the modernization of education and build a powerful country in education. In order to carry out the spirit of the Fifth Plenary Session of the 19th Central Committee of the CPC, accelerate the promotion of new education infrastructure and build a high-quality education support system, the following suggestions are put forward.

1、 General requirements

(1) Guiding ideology

Guided by Xi Jinping’s socialist ideology with China’s characteristics in the new era, we should comprehensively implement the party’s educational policy, implement the fundamental tasks of the moral education, and accurately grasp the new development stage, implement the new development concept and build a new development pattern. We should speed up the new construction of Education by taking the characteristics of technological iteration, soft and hard work, data driven, collaborative integration, platform cohesion and value empowerment. We will expand new momentum, create new supply and service new demands with new education infrastructure, promote the integrated development of online and offline education, promote digital transformation, intelligent upgrading and integration innovation of education, and support high-quality education development.

(2) Basic principles

Adhere to demand orientation. Focusing on the urgent needs of high-quality education development, we should base on the solid foundation, promote advantages, make up the short board and strengthen and weak items, and carry out according to the local conditions and gradually promote the new education infrastructure, and consolidate the basic conditions of educational reform in the information age.

Adhere to innovation and lead. We will make full use of 5g, AI, big data, cloud computing, blockchain and other new generation information technologies to give full play to the role of data as a new production factor and promote the digital transformation of education.

We will continue to work together. Strengthen inter ministerial coordination, ministry provincial linkage and regional coordination, and improve the ability of system planning and overall promotion. Effectively stimulate market vitality, guide all parties to participate in the new education infrastructure, and foster a good development ecology.

We should keep the balance. We will coordinate traditional and new infrastructure to promote the integrated development of online and offline. We should coordinate the stock and incremental facilities, pay attention to invigorating the stock and avoid repeated construction. We will coordinate network security and information technology, and promote security with security and development.

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