The Impact of the Double Reduction Policy on the Education Industry

Research Article
Open access

The Impact of the Double Reduction Policy on the Education Industry

Ruixue Xie 1*
  • 1 Jinan New Oriental School    
  • *corresponding author ruixue@hbuas.edu.cn
Published on 10 November 2023 | https://doi.org/10.54254/2754-1169/38/20231918
AEMPS Vol.38
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-83558-097-4
ISBN (Online): 978-1-83558-098-1

Abstract

Before the double reduction policy, students were under great pressure to study. The government issued the policy of "two reductions" has reduced schoolwork and extracurricular training in schools. This paper describes the contents and restrictions of the policy, as well as the impact of the policy on the education industry after taking New Oriental as an example. The double reduction policy was proposed to protect the physical health of students, raise the burden to the level of the minor Protection Law, and return education to schools in order to reduce the burden of family education. And how the education industry should develop based on this background.

Keywords:

double reduction policy, New Oriental, influence

Xie,R. (2023). The Impact of the Double Reduction Policy on the Education Industry. Advances in Economics, Management and Political Sciences,38,233-237.
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References

[1]. Yin Y, Lai Z. Research on the transformation of educational institutions under the policy of double reduction[C]//2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021). Atlantis Press, 2021: 1530-1534.

[2]. Yin Y, Lai Z. Research on the transformation of educational institutions under the policy of double reduction[C]//2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021). Atlantis Press, 2021: 1530-1534.

[3]. Lin L. The impact of double reduction policy on K12 education and training enterprises: Case studies of new oriental and tomorrow advancing life[C]//2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022). Atlantis Press, 2022: 1281-1286.

[4]. Luo X. Understanding China's Double Reduction Policy on Educational Economy[J]. Global Economic Observer, 2022, 10(1): 63-69.

[5]. Li J, Li X, Shi A, et al. The Impact of the Double Reduction Policy[C]//2021 International Conference on Education, Language and Art (ICELA 2021). Atlantis Press, 2022: 713-720.

[6]. Song M. Under the implementation of double reduction policy[C]//2021 International Conference on Education, Language and Art (ICELA 2021). Atlantis Press, 2022: 800-804.

[7]. Dai K. “Double reduction” policy in education industry and firm values: Evidence from China[J]. Finance Research Letters, 2023, 54: 103696.

[8]. HUANG J, Xuedi P I, HUANG Z. Understanding the Complexity of Teacher Professional Learning in the Context of China's" Double Reduction" Policy[J]. Educational Sciences: Theory & Practice, 2022, 22(2): 194-209.

[9]. Eryong, Xue, Li J. What is the value essence of “double reduction”(Shuang Jian) policy in China? A policy narrative perspective[J]. Educational Philosophy and Theory, 2022: 1-10.

[10]. Wu B. Research on the impact of China’s “double reduction” policy on out-of-school remedial classes[C]//2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021). Atlantis Press, 2021: 548-552.


Cite this article

Xie,R. (2023). The Impact of the Double Reduction Policy on the Education Industry. Advances in Economics, Management and Political Sciences,38,233-237.

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About volume

Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development

ISBN:978-1-83558-097-4(Print) / 978-1-83558-098-1(Online)
Editor:Canh Thien Dang
Conference website: https://www.icemgd.org/
Conference date: 6 August 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.38
ISSN:2754-1169(Print) / 2754-1177(Online)

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References

[1]. Yin Y, Lai Z. Research on the transformation of educational institutions under the policy of double reduction[C]//2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021). Atlantis Press, 2021: 1530-1534.

[2]. Yin Y, Lai Z. Research on the transformation of educational institutions under the policy of double reduction[C]//2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021). Atlantis Press, 2021: 1530-1534.

[3]. Lin L. The impact of double reduction policy on K12 education and training enterprises: Case studies of new oriental and tomorrow advancing life[C]//2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022). Atlantis Press, 2022: 1281-1286.

[4]. Luo X. Understanding China's Double Reduction Policy on Educational Economy[J]. Global Economic Observer, 2022, 10(1): 63-69.

[5]. Li J, Li X, Shi A, et al. The Impact of the Double Reduction Policy[C]//2021 International Conference on Education, Language and Art (ICELA 2021). Atlantis Press, 2022: 713-720.

[6]. Song M. Under the implementation of double reduction policy[C]//2021 International Conference on Education, Language and Art (ICELA 2021). Atlantis Press, 2022: 800-804.

[7]. Dai K. “Double reduction” policy in education industry and firm values: Evidence from China[J]. Finance Research Letters, 2023, 54: 103696.

[8]. HUANG J, Xuedi P I, HUANG Z. Understanding the Complexity of Teacher Professional Learning in the Context of China's" Double Reduction" Policy[J]. Educational Sciences: Theory & Practice, 2022, 22(2): 194-209.

[9]. Eryong, Xue, Li J. What is the value essence of “double reduction”(Shuang Jian) policy in China? A policy narrative perspective[J]. Educational Philosophy and Theory, 2022: 1-10.

[10]. Wu B. Research on the impact of China’s “double reduction” policy on out-of-school remedial classes[C]//2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021). Atlantis Press, 2021: 548-552.