With the accelerated transformation and upgrading of the manufacturing industry in our country, there is a significant shortage of high-quality skilled technical talents, and the vocational education market has great development potential.
Last night, the "Opinions of the CPC Central Committee and the State Council on Implementing the Strategy of Prioritizing Employment to Promote High-Quality and Full Employment" was published. In terms of improving the matching of education supply and talent demand, the opinions propose accelerating the development of modern vocational education, promoting integration between vocational and general education, industry and education, as well as science and education, in order to cultivate more high-quality technical skilled talents.
Promote the high-quality and characteristic development of technical education, establish a number of technical education alliances (groups), select and build a number of high-quality technical schools and programs.
Incorporate career education into the entire process of talent cultivation in universities, and promote career enlightenment, career awareness, and career experience at the stage of regular high school education.
With the acceleration of the transformation and upgrading of our country's manufacturing industry, there is a large gap in high-quality skilled technical talents, and the professional education market has great development potential.
In recent years, several high-end manufacturing industries in China have experienced rapid development, highlighting the scarcity of talents in many emerging industries. According to the jointly issued "Guidelines for the Development of Manufacturing Talents" by the Ministry of Education, the Ministry of Human Resources and Social Security, and the Ministry of Industry and Information Technology, it is estimated that by 2025, there will be a talent gap of 4.5 million in the high-end CNC machine tools and siasun robot&automation field.
Against this backdrop, multiple favorable policies for vocational education continue to be introduced. Since the issuance of the "Opinions on Deepening the Reform of Modern Vocational Education System Building" by the General Office of the CPC Central Committee and the State Council in December 2022, vocational education resources have been continuously integrated, and a coordinated effort has been made to construct a seamless integration of industry and education community.
In June of last year, eight ministries jointly released the "Action Plan for Empowering and Enhancing the Vocational Education Industry-Education Integration," proposing to have around 50 pilot cities achieving industry-education integration by 2025 and supporting eligible industry-education integrated enterprises in going public for financing.
Professional education, with strong support from national policies, will promote the rapid development of the professional education industry.
Citic Securities previously stated that, with the positive changes in the professional education industry, some leading companies are expected to demonstrate strong growth potential, suggesting a focus on training institutions with the ability to empower vocational skills.
List of Hong Kong-listed companies related to professional education:
Yuhua Edu (06169), China Edu Group (00839), China East Edu (00667), New Higher Edu (02001), Huanan Professional Education (06913), etc.