中国消费市场的增长前景仍然广阔，近期发生的结构性变化更是波澜壮阔。富裕起来的人们在消费方面有了更高的追求，告别了 普通商品的走量普及时代。我们将刚刚开始的新一轮消费升级定义为“ 商品与服务的品质升级”，通过系列报告的深度研究形式，聚力挖掘了可选消费、必选消费、医疗医药、汽车、互联网、 传媒、电子、教育、体育、物流配送、日化美容等大消费相关行业的升级亮点、代表子行业，给出了优选投资组合。

就业市场竞争升温，非学历职业教育迅速发展。学历职业教育2015年拥有近4000 万人次在校生，市场规模全球第一，未来我们将跟踪《民促法》三审的结果对学历职教体系的资本化路径保持跟踪。近年来伴随就业市场竞争升温，非学历职业教育步入快速发展的轨道，市场规模迅速扩大，2015 年市场规模约为5800 亿元。人才招录和资格认证考试培训、驾驶执照考试培训、企业管理培训、IT

培训为四大优质细分赛道。

公司创新方案剥离化工资产的同时注入优质教育信息化资产，同时引入具备优质文教资源的文发集团为控股股东，有望全面受益于教育信息化高速成长的市场红利。

新三板教育行业挂牌、定增和交易回顾。

公司是我国煤质检测仪器设备行业的龙头企业以及国内最具竞争力的燃料智能化管理系

统化解决方案提供商，股权结构稳定。因国家产业升级导致市场需求下降，2015 年公司业绩短期承压。2016 年上半年，各燃煤电厂落实国家关于能源改革相关要求，持续推进燃料智能化的改造，产品需求稳定，公司实现营业收入1.38 亿元，同比增长39.42%。

Child care or daycare centers are provided to children aged 0-6. These centers are formal structures that provide preschool education, discipline, and child development services. The child care centers are equipped with special learning and playing facilities for children. These facilities provide games that are appropriate for children of a given age. In these centers, children are engaged with various kinds of activities such as singing and painting. The staff in the child care centers offer individual attention to children to help them in their emotional and physical growth. The majority of the learning and character building in a child is developed during kindergarten and preschool stages. According to the statistics, parents and books are the major influencers for kid. Over 30% of the education is learnt from parents.

In the educational institutions in Europe, media is being integrated with education to enhance and support collaborative learning, and they are also using tools such as flipcharts and interactive data. These incorporations and developments are the major factors fueling the demand for education hardware and software. Digital video systems have revolutionized traditional modes of teaching. Educational institutions, especially in Eastern European countries, are focusing on using collaborative learning methods in classrooms. This demand for advanced teaching methods will increase the penetration of education technology in the region.

2015年3月5日，十二届全国人大三次会议在人民大会埻开幕，国务院总理李克强在政府工作报告提出，将制定“互联网+”行劢计划。这是此行业热词首次出现在政府工作报告中， “互联网+”生态战略获奖成为国家重要战略。

教育行业万亿市场，机会与风险并存，众多的新进入者都以新东方、好未来为模板，期望通过学习它们的经验实现成功。而对于资本市场来说，新东方与好未来的诞生均得益于特定的时代环境，成功经验难以复制，但我们可以通过找出两家龙头的成功基因，探寻 K-12 教育行业公司发展壮大的影响因素，从而拓展到教育行业各个子行业，前瞻性地对教育优质公司进行跟踪投资。

“云工作” 不是局限在传统雇佣关系中的工作，而是概念更为宽广的“人和工作岗位的接触”，不论是在现实的工作场所，还是在云端。