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Posted On: 07/12/2012 9:15:41 AM
Post# of 145213
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Posted By: lucyinthesky

NANI News Neologic Animation Inc. to Take Advantage of Boom in China's Afterschool Education Market Which Was Estimated to Have Reached 189 Billion RMB (29.65 Billion USD) in 2009 While Growing at a Rate of 18.7% from 2009-2012


2012-07-12 08:15 ET - News Release



http://shifeng371.blog.163.com


HANGZHOU, China, July 12, 2012 /PRNewswire/ - Neologic Animation Inc. (OTCBB:NANI),- (The Company), an educational software company in the People's Republic of China, is executing its business plan to take advantage of the boom in after school education.


The growth of the Chinese market, especially the explosive growth of their middle class has created enormous opportunities for the afterschool education market.  The Chinese educational system is one of the best and the most competitive in the World.


Children face difficult entrance exams as early as primary school to determine if they meet the academic standards of the top middle schools. These entrance tests continue for their entire academic lives. Chinese families pour enormous resources into each child's education to ensure their success.  This has caused a boom in the afterschool education market.


Close to 70% of middle class urban children at present take some sort of after school educational courses to help them stand the best possible chance of entry into the highly sought after, but very limited, amount of spots available at top schools.


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