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Industry,
Growth and Outlook
China
is one of the fastest growing economy in world, which also is
the one of the world's largest testing markets in terms of
test takers, with 122.7 million test candidates in 2006,
according to estimates.
Online
testing/education industry growth depend upon growth of
services and educational sector and job market in China.
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Currently
China is more a manufacturing based economy but as economy
matures services sector is expected to play more and more
important role in economy which will further expand the
growth opportunities for industry.
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China's
education market is experiencing rapid growth in terms of
both the number of schools and the
number of students, especially at the post-secondary
higher education level. which is further expected to rise
due to rise in economy and lifestyle in country.
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Due
to rapid rise in economy the china job market is growing
with rising demand for skilled & certified
workers/employees.
Online
education and test preparation offer many advantages over
traditional mediums :-
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Its
cheaper and had more vast reach.
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Provide
students the flexibility to take interactive courses at
times and in locations most convenient to them.
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Its
fast and provides instant results.
Due
to all above factors coupled with rapidly growing popularity
of computer and internet the outlook for online
testing/education is very
positive.
This article reflects personal view of the author
about the company and one must read offer prospectus and
consult its financial adviser before making any investment
decision
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