Online education maintains momentum in China

Online education is continuing to see huge growth in China, with the market predicted to hit 267 billion yuan ($38.6 billion) by the end of 2018, up 27.3 percent year-on-year, said an industry report released on Monday.

A total of 7.4 billion yuan was invested in quality-oriented education in the first half of this year, accounting for 28.9 percent of total investment in the online education industry, according to a report by market research consultancy Big-Data-Research.

Sectors including language, K12, early education and professional training are some of the other popular areas that investors are looking on favorably.