For foreign investors who would like to invest in China's construction industry, our advice is that they should, at first instance, consult with a local agency or hire a local lawyer specializing in this area and who is able to handle all of these issues. Later, when they have become familiar with the local practices, they themselves, maybe able to handle the issue that arise. However, the good news is that the awarding of the 2008 Summer Olympics to Beijing has served as an effective catalyst in modernizing China's construction standards and practices. The Beijing Municipal Government and the Central Government have committed more than US $20 billion to prepare for the Olympics and to improve Beijing's environmental quality, public transportation systems and infrastructure. The city can serve as a model for urban development, and China as a whole will benefit from the improvements and investment associated with the Games.
