(Economic Observation) Many places in China strictly prevent training institutions from "running" and fund custody may become a regulatory weapon

  China News Service, Beijing, January 24 (Reporter Xia Bin) Whether or not to pay the pre-paid fees of off-campus training institutions is a dilemma for many parents: there are discounts for paying the money first, and there may also be institutions "volumes." Money runs away."

China is working hard to solve the problem of funding risks of off-campus training institutions, and how to effectively supervise it is of vital importance.

  After paying for the children’s off-campus class, the training organization “is hard to find”. The news of parents' rights protection “chasing money” has been widely reported in recent years.

In particular, due to the negative impact of last year’s epidemic, off-campus training institutions “run the door” and “close their doors” frequently.

  He Cun, member of the Beijing Municipal Committee of the Chinese People’s Political Consultative Conference and general manager of Hua Xia Bank’s strategic customer department, recently submitted the "Proposal to Strengthen the Supervision of Consumer Prepaid Funds for Training Institutions". Regarding depository methods and supervision responsibilities of all parties, some online training institutions have been selected as pilot projects to promote the prepaid funds depository of training institutions to become industry norms and effectively guarantee the safety of consumer funds.

  Changsha CPPCC member Yi Jing also stated in a proposal recently submitted that it requires off-campus training institutions to choose a bank within the city to open the only special account for training fees, and sign a special account with the bank when opening the special account. At the same time, the bank strictly controls the minimum balance of the account and the flow of large amounts of funds in accordance with the agreement, and pushes the special account information to the education authority through system docking.

  At present, many places in China have begun to reduce the financial risk of training institutions.

Beijing is piloting a pre-paid consumer credit supervision platform, focusing on solving the problem of pre-charging supervision of training institutions. Recently, it has announced the first batch of 51 off-campus training institutions to be included in supervision.

After being included in the supervision, every class fee paid by parents can be checked on the platform, and training institutions will also have a corresponding early warning mechanism if there is a capital change.

The platform supervises the entire process from the source of charges to the processing of refunds to further prevent risks.

  Qingdao North District took the lead in piloting the supervision of training funds for off-campus training institutions in Qingdao, and a total of 16 demonstration units signed contracts to be included in the supervision platform.

The first batch of 16 institutions will rely on the Qingdao municipal and district private education management platforms to cooperate with China CITIC Bank to establish special accounts, accept capital supervision, and further regulate the development of private education in the island city.

  The Consumer Council of Shenzhen and the Consumer Council of Futian District announced the "Shenzhen Early Education Industry Self-Discipline Convention", which clearly mentions that early education institutions must set a seven-day cooling-off period for the purchase of courses. Consumers who have not consumed within seven days can give them all A refund.

It is reported that the first batch of 55 stores of 7 early education brands have pledged to join.

  Pan Helin, executive dean of the Digital Economy Research Institute of Zhongnan University of Economics and Law, told a reporter from China News Agency that the prepayment of training institutions is similar to the deposit in the sharing economy. They both focus on consumer funds in a similar financial mode. This must be strictly monitored. "Regardless of the deposit or the prepayment, if something goes wrong, the negative effects will quickly magnify. Training institutions should actively embrace supervision, and the supervision work should be penetrating supervision, that is, prepayment should be managed by financial institutions Way to manage."

  “Training institutions are market entities, and their funding problems should be resolved by the joint efforts of multiple departments.” Su Peike, chief researcher of the Institute of Public Policy of the University of International Business and Economics, believes that the local financial supervision bureaus can take the lead, together with the market supervision bureaus, education committees and other industry authorities. Establish a cross-departmental supervision and coordination mechanism. At the same time, consider requiring the establishment of a third-party account that is independent of the operating body of the training institution. The account is under the custody of the bank. Once a risk problem occurs, the prepaid funds cannot be accessed by the institution, thereby reducing risk.

  Su Peike also emphasized that on the one hand, it is necessary to guide consumers to raise their awareness of risk prevention and to regularly publicize the prepaid custody of training institutions. On the other hand, they must also realize that this is a process of "good money driving out bad money" in the market. Educational track, such as large class, small class, one-to-one teaching, leading companies may welcome the above-mentioned regulatory model more due to capital and brand advantages, while other companies must get rid of the vicious model of "financing + burning money".