<DOCUMENT>
<TYPE>EX-8.1
<SEQUENCE>5
<FILENAME>a2053300zex-8_1.txt
<DESCRIPTION>EXHIBIT 8.1
<TEXT>

<PAGE>

                                                                       EXHIBIT 8

EURO TECH HOLDINGS COMPANY LIMITED, FORM 20-F (12/31/00)

List of Subsidiaries

<TABLE>
<CAPTION>

                                                Jurisdiction of
      Name                                      Incorporation
      ----                                      ---------------

<S>                                             <C>
      Euro Tech (Far East) Ltd.                 Hong Kong

      Shanghai Euro Tech Limited                PRC

      Euro Tech Trading (Shanghai) Limited      PRC

      Euro Tech (China) Limited                 Hong Kong (Inactive)

      Chinah20.com, Ltd.                        Hong Kong
</TABLE>





                                      -1-
</TEXT>
</DOCUMENT>
