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"China initially learned a lot from the developed world in terms of technology, setting up special economic zones in the late 1970s and being open to ideas," he said. "It now has 34 years of experience to share with others."

"China is a very important market for us both in terms of imports and exports, and for foreign direct investment. We also see a lot of opportunities because China is a very large market," said Timothy Kelley, president of the Imperial Valley Economic Development Corp, a partnership of private enterprises and local government that focuses on growing the regional economy.

"China is an example that there is kind of a global awakening of thoughts on wine that more and more people are going into wine(making)," said Kaha Imnadze, permanent representative to the UN.

"China has the complete industrial chain and system as well as a huge market. It is entrepreneurs who will finally make their choice cautiously," he said.

"By pushing forward development of the STAR Market, we aim to promote reform of the whole capital market, nurturing more high-tech innovative enterprises and furthering economic upgrading," said Pi Liuyi, deputy director of the China Securities Regulatory Commission's Department of Market Supervision.