PURCHASE AGREEMENT

                                                                   Exhibit 10(g)

                               PURCHASE AGREEMENT

This Purchase Agreement (hereinafter called "Agreement") is entered into by and
between Huayang International Holdings, Inc. (hereinafter called "HIHI"), a
corporation organized in the State of Nevada, and Huayang International
Investment, Ltd. (hereinafter called "HIIL"), a corporation organized in British
Virgin Islands, on September 28, 1997.

         WHEREAS, Shenyang Hatong House Properties Development Co. Ltd
         (hereinafter called "Haitong") is a subsidiary of HIHI and is
         developing a high rise office-apartment-hotel complex project in
         Shenyang, China;

         WHEREAS, Haltong needs to purchase certain construction materials and
         other products from overseas markets;

         WHEREAS, HIIL has the overseas purchasing experience and financial
         resource for the purchase;

HIHI and HIIL agree:

         1)       HIIL will make overseas purchase for Haitong on behalf of HIHI
                  and arrange purchased merchandise shipped to Shenyang, China.
                  The total value of merchandise purchased by HIIL for Haitong
                  should not exceed US$15,000,000.

         2)       The exact value of the total merchandise shipped to Haitong
                  should be audited by a registered accounting firm in China.

         3)       HIIL will xxxx HIHI for the total value of its purchase for
                  Haitong, with the maximum invoice price not exceeding
                  US$15,000,000.

         4)       HIIL agrees that HIHI may delay its payments to HIIL up to
                  three (3) years from the date of initial shipment, without any
                  interest.

         5)       HIHI may choose to pay HIIL with shares of its stock. The
                  stock should be valued at the market price, or book value if a
                  market price cannot be determined, or a price agreed by both
                  HIHI and HIIL.

   Signed and Confirmed by                Signed and Confirmed by

   Name                 Date              Name                 Date
   Title                                  Title

   Huayang International Holdings, Inc.   Huayang International Investment, Inc.