On July 24, 2021, the General Office of the CCP Central Committee and the General Office of the State Council issued the "Double Reduction" guidelines, prohibiting academic after-school tutoring institutions from listing for financing and making profits. This led to the bankruptcy of a large number of companies in the tutoring industry and mass unemployment for workers.
Evidence EVIDENCE
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Wikipedia: Double Reduction Policy
2026-09-23 01:44
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“双减”政策-维基百科
2026-10-07 08:56 · 2021年7月24日，中共中央办公厅、国务院办公厅印发《关于进一步减轻义务教育阶段学生作业负担和校外培训负担的意见》，
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Context CONTEXT
Cause
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This event
CCP Central Committee and State Council Issue "Double Reduction" Guidelines to Regulate After-School Tutoring
2021.07.24 · Verified
Effect
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