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"Chinese consumers are willing to pay a premium price for high quality flowers. We therefore want to tap into the high value flower segment of Chinese market in order enhance our farmers earnings," Ngige said, adding that to meet the demand, the industry is seeking to move up the flower value chain amid rising costs of production.

"China's opening-up makes it an important participator in G20," Zhu said at a seminar hosted on Saturday by the National Association of American Studies.

"China's decline has softened slightly, which offers some relief after a bad year," said Canalys Analyst Mo Jia, adding that major vendors are gearing up to full speed, releasing new products and spending on marketing to maintain market share.

"China today is roughly where South Korea, Japan were when they began the period of rapid economic growth," he said. "There should be a substantial potential for further convergence."

"Codemonkey is a leading product for learning 21st century programming and skills for children, and we look forward to working with its team to continue the company's success," said Chairman and CEO of TAL Education Zhang Bangxin.