This paper presents an ongoing task that will construct a DAML+OIL-compliant Chinese Lexical Ontology. The ontology mainly comprises three components: a hierarchical taxonomy consisting of a set of concepts and a set of relations describing the relationships among the concepts, a set of lexical entries associated with the concepts and relations, and a set of axioms describing the constraints on the ontology. It currently contains 1,075 concepts, 65,961 lexical entries associated with the concepts, 299 relations among the concepts excluding the hypernym and hyponym relations, 27,004 relations between the lexical entries and the concepts, and 79,723 relations associating the lexical entries with the concepts.