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China's growth has been slowing to a "new normal" and economic rebalancing is underway. Managing this transition in a sustainable manner will be critical to achieving the country's development goals, the report "Towards a More Inclusive and Sustainable Development" said.

Reviewing the achievements made by the Chinese people over the last year, Xi said time is the "most objective witness."

The mainland has enough resources to incubate great companies for people from Taiwan, said Hsin-Chang Lu, an associate professor at Taiwan University, adding that it was crucial for them to understand the situation.

Agnieszka Gajewska, another PwC partner who specializes in capital and infrastructure projects, described infrastructure as the backbone for China-CEE collaboration.

As the U.S. administration erects "walls," Asian nations, led by China, are seeking to build bridges. At the BFA annual conference, it is hard to find any attendee in favor of protectionism.