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During 2016, the Ministry of Education approved a revision of the law, permitting fully for-profit educational entities to operate pre-schools, kindergartens and high schools (grades 9-12 – note that grades 1 – 8 are restricted to the public education curriculum, to preserve the country’s ‘educational sovereignty’).
Effective as of 1 September 2017, the legal revision will have a powerful effect on the education sector in China. Will new educational enterprises choose to operate as fully for-profit, to increase earnings potential for investors, or as the earlier-form not-for-profit enterprises, to preserve some tax benefits? Will previously not-for-profit enterprises choose to convert? And how will foreign-invested entities’ participation in the PK – 12 sector change under the revised law?
Join AmCham Shanghai's Education Committee on September 18th from 09:00-11:30 at the AmCham Shanghai Office as we learn from industry experts on the answers to these questions. Speakers will include: Bob Jia, Vice Chairman, (Proposed) China Education Regulatory Board, Lily Li, Tax Partner of Deloitte Shanghai, and Richard Yuan, COO, Noah Education Group, a Morgan Stanley portfolio company.
Agenda
09:00 Check-In & Networking
09:15 Welcome Remarks
09:30 Keynote Speeches
10:00 Panel Discussion
10:30 Audience Q&A
11:00 Events Ends