Letter of Intent - Strategic Alliance

Axiom III, Inc.


7507 Folger Road (704) 905-6008 Charlotte, NC 28226


September 29, 2004


Mr. John H. W. Hui, Vice Chairman China World Trade Corp. 4th Floor, Goldlion Digital Network Center 138 Tiyu Road East, Tianhe Guangzhou, PRC


Re: Letter of Intent - Strategic Alliance


Dear Mr. Hui:


Per our conversation, we submit this Letter of Intent regarding a share exchange between Axiom III, Inc. ("Axiom"), a Nevada corporation and China World Trade Corp., ("China World Trade"), a Nevada Corporation.


Background


By way of background, Axiom began operating in May, 2003. We are in the business of buying, selling, renting, and improving all aspects of real estate. We are an early stage company having purchased a building in Massachusetts (U.S.A.) in 2003 which is currently being rented. Our executive offices are at 7507 Folger Road, Charlotte, NC 28226.


We understand that China World Trade Corp. ("China World Trade") operates business clubs in the major cities of China in association with the World Trade Center Association. You currently operate the Guangzhou World Trade Center Club and the Beijing World Trade Center Club. You plan to create a Chinese/English internet portal to serve foreign and Chinese small to medium sized businesses. China World Trade is a reporting public company that has registered its common stock under Section 12(g) of the Securities Exchange Act of 1934, as amended.


We intend to enter into a strategic alliance whereby the China World Trade will seek out real estate opportunities in the Peoples Republic of China for purposes of potential acquisition by Axiom.


TERMS OF AGREEMENT
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1. Consulting Services Offered by China World Trade. China World Trade,
-------------------------------------------------- through its Consulting Services division, will perform a consulti ...