China Aims to Lower Child Expenses

The transcript discusses China's new policies aimed at boosting the birth rate by 2025, including making childcare tax deductible and removing fines for exceeding child limits. It also covers the impact on the education sector, particularly after-school tutoring services, and the market's response. The discussion highlights structural risks and potential opportunities for education companies, with a focus on future government actions to reverse population trends.

What is one of the measures the Chinese government is considering to boost the birth rate by 2025?

• Offering cash incentives for having more children

• Providing free education for all children

• Making childcare tax deductible

• Increasing the number of children allowed per family to four

What is the government's approach towards after-school tutoring services?

• Encouraging more tutoring services

• Banning them completely

• Subsidizing them for low-income families

• Strictly regulating them

What is the government's goal in terms of education quality?

• To improve the average quality of school choices

• To reduce the number of students per class

• To make all schools follow the same curriculum

• To increase the number of private schools

What is the government's stance on the disparity in education access?

• They are ignoring it

• They are trying to reduce it

• They are increasing it

• They are unaware of it

What is the sentiment in Beijing regarding the population growth trend?

• Pessimistic about reversing the trend

• Optimistic about reversing the trend

• Unaware of the trend

• Indifferent to the trend

Which sector might benefit from the new policies according to Catherine?

• Real estate companies

• Healthcare companies

• Non-academic leisure activity companies

• Academic-focused education companies

What is a potential worst-case scenario for New Oriental TL's revenue?

• A ban on weekend and holiday tuition

• A decrease in student enrollment

• An increase in operational costs

• A rise in competition from new companies