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"China's foreign exchange reserve currency structure is diversified, even more diversified than the world's average level," said Wang Chunying, a SAFE spokesperson.

"Compulsory technology transfers are explicitly banned, while we encourage the exchanges of knowledge and technology," he said, ruling out that China forces foreign companies to transfer their technology when considering investments in China.

"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.

"Companies should be clear and transparent with your customers about what you are collecting, how you are using and protecting that data, and ensure that you got consent from them so they have the knowledge that their data are being collected," she explained.

"China's economic momentum will continue this year with domestic consumption leading the way, selectively creating opportunities," said Gordon Orr, a senior advisor to consulting firm McKinsey& Co.