For foreign investors who would like to invest in China's construction industry it is important to consult a local agency or hire a local lawyer who specializes in this area. Eventually as you become familiar with local practices, you may be able to handle issues that may arise on your own.
The future in this industry looks bright. The conferment of the 2008 Summer Olympics to Beijing will serve as an effective catalyst in modernizing China's construction standards and practices. The Beijing Municipal Government and the Central Government have committed more than USD $20 billion to prepare for the Olympics and to improve the quality of Beijing's environment, public transportation systems and infrastructure. It is expected that Beijing will serve as a model for urban development and China as a whole will benefit from the improvements and investment associated with the Games.
