Peccenini also emphasized the importance of the atmosphere in which English is learned. "At our training centers we create an authentic and enjoyable English language atmosphere. One can feel as if one is immersed in an English-speaking country because every staff member here will communicate with you in fluent English. Moreover, all the magazines, newspapers and related multimedia materials are in English," he said.

"Also, we have developed a student-centered approach which is typified by small-group class teaching with four to eight learners. This is a more flexible learning schedule and students can choose freely according to their needs. This can also guarantee that each learner has enough time to communicate with teachers," he said.

Now Chinese people are obsessed with English learning, from children to adults, from students to business professionals. Even government officials are entering the classroom.

The growing market has attracted countless language training bodies over the past two decades.

It's estimated that there are more than 50,000 organizations or companies offering private English language training classes on the mainland, including both smaller providers and international education companies. Industry insiders are also predicting more than 10 percent annual growth across the country's private English school sector because Chinese parents with rising disposable incomes are never reluctant to spend on educating the next generation.

The English training market in China is now worth around 30 billion yuan ($4.7 billion). The figure is expected to exceed 40 billion yuan by 2013, according to the Ministry of Education.

Since entering China in October 2008, Disney English, a subsidiary of the US entertainment giant, has rapidly expanded its business with its Disney-themed courses and materials, such as Mickey Mouse statues and Peter Pan textbooks. So far, Disney has focused on second-tier cities for further development by opening a school in Suzhou, Jiangsu province, last year.

EF Education First, which now has more than 160 training schools in the country's 60 cities, regards China as of vital strategic importance to its global business. Earlier this year, Shanghai was favored as its Asia-Pacific regional base, a move to further strengthen its development in China.

Peccenini isn't worried about the competition. "It's good to see that learners in China now have many choices in English training bodies, from high-end to low-end," he said.

"We have our own comprehensive system, including products that we independently researched and developed, textbooks and learning systems, professional services and management. Meanwhile, we attract the best staff in this industry across the world with highly competitive packages and salaries. Here, we think that we can provide quality education for English learners," he said.

"Now Chinese consumers are having rising expectations in terms of value for money and the only way to be successful in this market is to focus on the quality of the service and develop quality products for students," said Paul Blackstone, the chief executive of Wall Street English China, adding that Wall Street English has a long-term plan for the development of its business in China.

According to the company, it has developed many targeted products and services in accordance with specific situations in China's training market since arriving, such as personal learning advisers and a pronunciation-focused text called Introduction to English, all of which take into account the cultural background, psychological features and expectations of Chinese learners of English.

In May this year, it released a course tailored to Chinese business executives that is expected to benefit State-owned enterprise staff members involved in international business negotiations.

Peccenini has been asked on many occasions why he came to China with his Wall Street English. The septuagenarian joked: "I was Chinese in my past life". He said he likes Chinese culture and is strongly attracted by Chinese philosophy "more than most people."

Peccenini once said: "More than 40 years of my life have been devoted to the cause of education and this is probably the most significant contribution I have made as a man."

The verse he often quotes from the Tao Te Ching, which he said has guided him in his life for many decades, reads as follows:

"Yet here are three treasures

That I cherish and commend to you:

The first is compassion,

By which one finds courage.

The second is restraint,

By which one finds strength.

And the third is unimportance,

By which one finds influence."

He believes that China is having and will continue to have a tremendous influence on the development of the global community. Out of fascination with this country, he said he decided to spend the rest of his life in China.

"As a successful entrepreneur, Pecce has overcome innumerable challenges and become much stronger as an educationist. Pecce has helped countless people to realize their dreams. He is a worthy life mentor," said Bai Tongshuo, former vice-president of Shanghai Jiaotong University.

Contact the writer at wanghongyi@chinadaily.com.cn