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"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.

"China's cross-border e-commerce is developing rapidly, and the logistics and freight transport system within the SCO countries has relatively improved, which in turn will boost economic and trade cooperation between China and SCO countries," said Lu Zhenwang, CEO of Shanghai-based Wanqing Consultancy.

"Chinese education market is huge and is developing at a rapid speed. A group of education companies hope to advance education through technology and strengthen communication with foreign enterprises and institutions," said Chen Dinghong, chief advisor of TAL overseas.

"Considering that we've connected up to 27,000 banks around the world in 45 million end points, if we see a good idea, we aren't just going to sit here and let someone else do that."

"China's economy has benefitted considerably from the more domestically focused, investment-driven growth model after the 2008 global financial crisis, when many developed economies encountered weakened consumption growth resulting from the fallout of the crisis," said Sang Baichuan, director of the Institute of International Business at the University of International Business and Economics in Beijing.