China's online education market is showing immense economic potential after a local Physics teacher reportedly earned an impressive 18,842 yuan ($2,890) within an hour for an online course he conducted.

However, the country's educational authorities do not approve of this teaching model, and are in fact calling for a ban on this method, reported China National Radio via China Daily.

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Even though the online portal hosting Wang's course charged him 20 percent of his total income, he was still able to make 18,842 yuan an hour.

"A computer with a camera will do, as long as the network is stable," Wang shared.

Like Wang, a college teacher utilizing a similar online teaching platform supposedly earned 50,000 yuan in two months, wherein the largest class attracted 1,700 students.

The future looks bright for China's online education market. And many are interested to ride on the bandwagon because of its great promise.

For instance, a tutoring site which offers eight middle and high school courses now has 15 million registered student users.

But the real winners here are the online teachers who are pleased with the extra income, as the Internet has significantly reduced their travel costs, while giving them greater flexibility in their mode instruction.

What reportedly attracts parents to these online courses are their low costs and high efficiency rates.

"Compared real classes that cost one or two hundred yuan, online equivalents are available for less than 10 yuan," a parent explained.  "I prefer this mode if it helps my child."

However, the success being enjoyed by Wang hasn't impressed education authorizes who want to pull the plug on the burgeoning online teaching system.

An official from the Education Bureau in Nanjing, capital of east China's Jiangsu Province, declared that the city prohibits teachers from offering paid tutoring services, which could dampen the growth of the China's online education market. 

Tagschina, Online Education Market, online, education