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China's rapidly growing online education sector, which witnessed a flurry of fundraisings recently, is walking a tightrope on making profits and meeting the huge marketing costs needed for expansion, industry experts said.
China's real income per capita increased 16-fold from 1978 to 2014, while the extreme poverty rate fell from 88.3 percent in 1981 to 1.9 percent in 2013, a shift in status and lifestyle for more than 850 million people.
Chinese State Councilor and Foreign Minister Wang Yi (top left) participates in the BRICS Foreign Ministers' Extraordinary Conference on COVID-19 via video link in Beijing on April 28, 2020. [PANG XINGLEI/XINHUA]
China's policies put in place to stabilize growth have led to recent appreciation of the RMB and helped ease capital outflows and foreign exchange reserve loss, according to the IMF.
Chinese Minister of Education Chen Baosheng and his Japanese counterpart Yoshimasa Hayashi, and South Korean Education Minister Kim Sang-gon who is also deputy prime minister, attended the meeting.
来源：资阳报