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"Chinese consumers and especially millennials are looking for more than just buying an item off the shelf," ThreeSixty Chief Operating Officer Jan-Eric Kloth said in a statement. "They want to be engaged and entertained."

"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.

"Considering the fact that government expenditures on social security accounts are more than 20 percent in some countries, such as the United States and Germany, China still has potential to invest more," he said.

"China, bilaterally and through the Forum on China Africa Cooperation, has been undertaking fruitful economic partnership aimed at achieving sustainable economic development in the African continent," the statement quoted Gebeyehu as saying.

"China's financial sector will be much more competitive, our capital markets will continue to enjoy healthy development, the building of a system of modern industries will be accelerated, our market environment will be greatly improved, and intellectual property rights will be effectively protected. In short, China will enter a new phase of opening-up," she added.