Exhibit 10.1

                       DATED THE 26TH DAY OF OCTOBER, 2003






                          CHINA WORLD TRADE CORPORATION


                                       and


                          POWERTRONIC HOLDINGS LIMITED







                ------------------------------------------------

                      AMENDMENT TO SHARE PURCHASE AGREEMENT
                             DATED SEPTEMBER 3, 2002
                -------------------------------------------------



THIS AMENDMENT TO THE SHARE  PURCHASE  AGREEMENT  DATED  SEPTEMBER 3, 2003 (this
"Amendment") is made as of 26th October, 2003;

BETWEEN

(1)      CHINA WORLD TRADE CORPORATION,  a company  incorporated in the State of
         Nevada (the "Company"); and

(2)      POWERTRONIC HOLDINGS LIMITED, an international  business company formed
         under the laws of the British Virgin Islands (the "Purchaser").

         (Collectively the "parties" and individually a "party")

                                    RECITALS

                  A. The Company and the Purchaser  enter into a share  purchase
                  agreement   dated  September  3,  2002  (the  "Share  Purchase
                  Agreement")  whereby  pursuant to the terms and  conditions of
                  the Share  Purchase  Agreements,  the  Purchaser  purchased an
                  aggregate of 1,000,000  newly issued shares of common stock of
                  the  Company  (the  "Shares")  with  warrants  to  purchase an
                  additional   2,000,000   Shares  (the   "Warrants")   for  the
                  aggregated  purchase  price  of  US$500,000,  or  US$0.50  per
                  Shares.

                  B. The  Company  and the  Purchaser  wish to  acknowledge  and
                  confirm that the aggregate  purchase  price of US$500,000  for
                  the purchase of the Shares with Warrants in the Share Purchase
                  Agreement was intended to be US$800,000, with US$300,000 to be
                  paid  in  financial   advisory  and  investment   introductory
                  services provided by the Purchaser, in lieu of cash.

                  C.  The  Company  and  the  Purchaser   believe  that  certain
                  provisions of the Share Purchase  Agreements should be amended
                  as provided herein.

         THE PARTIES AGREE AS FOLLOWS:

1.   This Amendment shall be effective as of September 3, 2002.

2.   All capitalized  terms not specifically  defined herein shall have the same
     meanings as defined in the Share Purchase Agreement.

3.   The second paragraph of the WITNESSETH  section shall be amended to reflect
     an aggregate purchase price of "US$800,000".

4.   Section 1.c. shall be deleted and replaced as follows:

         "c.  Consideration.  As  consideration  for the Company  Shares and the
Warrants, the Purchaser agrees to pay to the Company on or within 60 days of the
Closing Date the purchase  price of US$0.80 per Company Share with Warrant or an
aggregate purchase price of US$800,000 (the  "Consideration") to be paid for (i)
500,000  in cash  and (ii)  US$300,000  in  Financial  Advisory  and  Investment
Introductory  Services Fee to be provided by the  Purchaser.  The Company hereby
acknowledges  and confirms that as of the date of this Agreement,  the Purchaser
has advanced and paid US$500,00 in cash of the Consideration to the Company."

5.   A new Section 1.d shall be added as follows:

         "d.  Financial  Advisory  and  Investment  Introduction  Services.  the
Purchaser shall perform financial advisory and investment  introductory services
for the  Company,  which shall  include,  but is not limited  to,  advising  the
Company on, corporate structuring,  capital sourcing, general business planning,
mergers  and   acquisitions   and  other  business   combinations  and  includes
introducing  to the  Company  potential  investor  in the share  capital  of the
Company (the "Services").  On the successful  introduction by the Purchaser of a
third party  investor to the Company,  who gives a firm  commitment  to invest a
minimum of US$1,500,000 in the share capital of the Company, the Company will be
obligated to pay a financial advisory and investment  introduction  services fee
in the amount of US$300,000 (the "Financial Advisory and Investment Introduction
Services Fee") to the Purchaser.

6.   Section 5.b.(ii), (iii) and (iv) shall be deleted in their entirety.

7.   This agreement may be signed in  counterparts  each of which will be deemed
     an original.

         IN WITNESS  WHEREOF,  the parties to this  Amendment have executed this
Agreement as of the day and year first above written.



Company:                          CHINA WORLD TRADE CORPORATION,
                                  a company formed under the laws of the State
                                  of Nevada


                                  By:      /s/ John Hui
                                  ---------------------



Purchaser:                        POWERTRONIC HOLDINGS LIMITED,
                                  an international business company formed under
                                  the laws of the British Virgin Islands


                                  By:      /s/ Keith Wong
                                  -----------------------
                                  Signature