The CED is one of the four major dialogue mechanisms the two sides established in April.
The BBC reported that the location of Sentosa, just off the mainland, makes it an ideal venue for the meeting as access to the island can easily be secured-there's just a cable car, a monorail, a pedestrian causeway and a vehicle tunnel.
The CRCC employs more than 100 engineering and management staff and over 700 workers on the project. About half of them are Russians.
The CEO noted both Canada and China are struggling with an unpredictable US administration. "We and the Chinese share a common bond right now just around general uncertainty," he said.
The Beijing-based company reported in March that its revenue for 2016 rose over 25 percent to 6.15 billion yuan (3 million), of which 4.7 billion yuan was from the gaming sector.
The Beijing Municipal Institute of City Planning and Design proposed the bike lane in 2016. It takes just 20 to 30 minutes to commute by bicycle, while it can take more than an hour by car during rush hour.
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The Beijing-based startup has beefed up its global presence mainly through investing in major international players, including Lyft, India's Ola, Singapore-headquartered Grab, Estonia's Taxify, and Careem in the Middle East.
The CSRC has been toughening supervision and punishment of illegal market activities as the country stepped up crackdown on financial risks this year.
The CSRC approved on Thursday the ownership change plan of JPMorgan Futures Company Ltd, making it the first wholly foreign-owned futures company in China.
The Beijing College Student Film Festival, held by Beijing Normal University, began April 14 and ran through May 6 in 25 universities across China. As one of the most prestigious film festivals in China, the festival has become an important vehicle to promote domestic films across the nation.