The end of China's one-child policy has led to nine million more babies born in the country, and an opportunity for Etonkids Educational Group to be a leader in the country's education sector, which CEO Vivien Wang estimated will be worth CNY800bn ($122bn) by 2020. The group supplements its teaching with augmented reality in products like interactive flashcards, Wang told CNBC on the sidelines of the Morgan Stanley China Technology, Media and Telecoms Conference in Beijing. But it also means that Chinese parents are now having fewer children than they did just 10 years ago, according to Mr Wang, who is based at Beijing's Tsinghua University.
The end of China's one-child policy has led to nine million more babies born in the country, and an opportunity for Etonkids Educational Group to be a leader in the country's education sector, which CEO Vivien Wang estimated will be worth CNY800bn ($122bn) by 2020. But it also means that Chinese parents are now having fewer children than they did just 10 years ago, according to Mr Wang, who is based at Beijing's Tsinghua University.