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"China is making enormous investment in academic infrastructure to build up research capabilities, and that investment will pay off," he said.

"By the end of last year, there are over 400 foreign institutions investing in China's interbank bond market with a total amount of more than 800 billion yuan (6.17 billion)," Yi said.

"China has very, very impressive infrastructure — high-speed rail that would be an asset to the United States. But what they have succeeded in doing is going from very, very human capital poor to one of the better educated emerging economies," he said.

"CapitaLand's business in China has contributed over 40 percent of the group's total profits till now. We are confident about CapitaLand's future development in China, as the country has rolled out supportive policies continuously to improve business environment for foreign companies."

"By embracing the BRI,(the government) would open these projects to investment from many avenues making the project a reality rather than a talking point," he said.