Govt denies prodding students to invest

The bureau of education in Guangzhou, Guangdong province, has denied it is encouraging students to invest in the stock and securities markets after a pilot project that took the lead in establishing finance and wealth management courses in primary and middle schools starting this fall.

"We never simply encourage students to directly purchase stocks or other security products, but we hope to popularize financial knowledge and guide the students to acquire correct wealth and consumption concepts and cultivate a good habit of money management through establishing the special course," said a statement released by the city's education bureau.

The statement was published at the end of August after questions were raised about teaching students to buy and sell stocks.