The Beijing Real Estate Exhibition Hong Kong 2003 is expected to stimulate local business interest in investing in the capital's property market and related projects. The expo, which opens today at the Hong Kong Convention and Exhibition Centre and continues till Sunday, is organised by the China Council for the Promotion of International Trade, the Beijing Sub-Council and the Beijing Morning Post. Hong Kong E & W Consulting, Beijing E & W Investment Administrative Consultant and Beijing International Exhibition Centre are managing the event. The aim of the expo is to introduce Hong Kong businesses to the Beijing real-estate market and promote property sales through presentations on enterprises and projects. The exhibition will also serve as a forum to promote business communication between the two cities. One of the highlights of the expo will be a 'Beijing theme' that focuses, among other things, on capital merging and office leasing, giving Hong Kong entrepreneurs choices of projects in which to invest. China's membership of the World Health Organisation and Beijing's appointment as host city for the 2008 Olympic Games are expected to drive the capital's property market. JTT Advertising media manager Danial Wong says a high volume of capital has been invested in the Beijing real-estate market in the past few years, and new projects are steadily emerging as market competition intensifies. According to the latest Asia-Pacific analysis reports, Hong Kong has replaced Japan as the biggest property investor in the region. 'With China joining the WTO, more and more Hong Kong people and overseas organisations are choosing mainland China as their first choice for real-estate investment, especially in big cities such as Beijing,' Ms Wong says.