Can I still learn English under the policy of double reduction?

The impact of the double-drop policy introduced in July is gradually emerging. Compared with discipline training enterprises, most enterprises have room for transformation. It goes without saying that the British track is currently experiencing a violent shock.

As early as August 7, two days ago, VIPKID official WeChat published a letter to students and parents. In the letter, VIPKID clearly mentioned: From now on, new curriculum packages involving foreign teachers will no longer be sold; From August 9, the course renewal fees of overseas foreign teachers will no longer be open to old users.

Although VIPKID has tried to incubate many brands such as Mathematical Thinking and K 12 Large Class in the past eight years, it has not gained a firm foothold in the market, and its business composition is still dominated by English foreign teachers, which is relatively simple. Under the influence of the policy, if the main business or even the "only core business" can no longer be delivered, it will undoubtedly be a "drastic measure" for VIPKID.

In order to make up for the impact of the termination of foreign teachers' business on the company's operation, VIPKID stated in this letter that "VIPKID Adult Class", "Bilingual Intangible Cultural Literacy Class", "Spoken Chinese Teaching Class" and "Domestic and Foreign Teaching Class" are in the final internal testing stage and will be launched soon.

It should be noted here that, in addition to incubating other businesses, VIPKID mentioned that one of its future businesses will be "teaching at home and abroad", that is, foreign teachers will switch from overseas to teaching in China. Only according to the opinion requirements, foreigners employed in China should comply with the relevant provisions of the state. This provision can be roughly referred to the "Measures for the Appointment and Management of Foreign Teachers (Draft for Comment)" issued by the Ministry of Education in July 2020, with very strict conditions. (The full text of the exposure draft is attached at the end of the article)

Therefore, whether these businesses can really run through and whether the company can continue to operate is still in doubt. Including VIPKID himself.

Netease Education has learned that new users can still register for VIPKID on August 9, and VIPKID will also send a text message to the newly registered users, saying that it will provide them with the opportunity of 1 to 1 free audio-visual experience for foreign teachers in North America; On August 7th, VIPKID's course consultant also called on parents to seize the last time to give their children a good lesson. "Today, only old students are supported to renew their fees. The updated class hours and course packages themselves ensure that normal learning will not be affected. We must cherish the opportunity to plan one-on-one foreign teacher study for our children! "