UNITED STATES ~~SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549~~

~~FORM~~SECURITIES ~~8-K~~AND EXCHANGE COMMISSION

~~CURRENT~~WASHINGTON, ~~REPORT PURSUANT TO SECTION 13 OR 15(~~D).C. ~~OF THE SECURITIES EXCHANGE ACT OF 1934~~20549

~~Date of Report (Date of earliest event reported)October 23, 2002~~ _____________

~~TEDA~~FORM ~~TRAVEL INCORPORATED (Exact name of registrant as specified in its charter)~~8-K

~~Florida (State or other jurisdiction of Incorporation) (CommissionFile Number) 65-0963971(IRS Employer ID No.)~~ _____________

~~Suite~~CURRENT ~~1801, Chinachem Johnston Plaza 178 Johnston Road, Wanchai Hong Kong (Address and Telephone Number of Registrant's PrincipalExecutive Offices and Principal Place of Business)~~REPORT

~~(Former~~PURSUANT ~~name~~TO orSECTION ~~former~~13 ~~address,~~OR if15(d) ~~changed~~OF ~~since last report)~~THE

~~Item~~SECURITIES ~~4. Changes in~~EXCHANGE ~~Registrant's~~ACT ~~Certifying~~OF ~~Accountant.~~1934

Date of report (~~a) Previous Independent~~Date ~~Auditors~~of earliest event reported): January 6, 2002

~~(i) Robert~~TEDA ~~Jarkow, CPA~~TRAVEL ~~("Jarkow") was replaced by Weinberg & Co. as the independent auditor for the Company on October 23, 2002 based upon the merger of Teda Travel Incorporated with Teda Hotels Management Company Limited.~~INCORPORATED

(~~ii) Jarkow's reports~~Exact onName ~~the financial statements~~ of ~~the~~Registrant ~~Company~~Specified ~~for~~in the fiscal year ended December 31, 2001 and through June 30, 2002 contain no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.Charter)

~~(iii) The Company's Board of Directors approved the change in accountants.~~Florida

(iv) For the fiscal year ended December 31, 2002 and through October 23, 2002, there has been no disagreement between the Company and Robert Jarkow, CPA on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of Robert Jarkow would have caused it to make a reference to the subject matter of the disagreement in connection with its reports.000-29077

(v) During the fiscal year ended December 31, 2002 and through October 23, 2002 (the date the relationship ended with the former accountant), the Company has not been advised of any matters described in Regulation S65-~~B, Item 304(a)(1)(B).~~0963971

(~~b) New Independent Accountants:~~State or Other Jurisdiction

(i) The Company engaged, Weinberg &Company, Weinberg & Co., P.A., 6100 Glades Road Suite 314, Boca Raton, Florida 33434 ("Weinberg"), as its new independent accountants as of October 23, 2002. Prior to such date, the Company did not consult with Weinberg regarding (i) the application of accounting principles, (ii) the type of audit opinion that might be rendered by Robert Jarkow, or (iii) any other matter that was the subject of a disagreement between the Company and its former auditor as described in Item 304(a)(1)(iv) of Regulation S- B.Commission File

~~Item 7~~(I. ~~Financial Statements~~R.S. ~~and Exhibits~~Employer

~~(a)~~of ~~Not applicable. (b~~Incorporation) ~~Not applicable. (c) Letter from Robert Jarkow, CPA~~

~~SIGNATURES~~Number)

~~Pursuant to the requirements of the Securities and Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized~~Identification No. )

~~TEDA~~Suite ~~TRAVEL~~1801, ~~INCORPORATED~~Chinachem Johnston Plaza

~~By: /s/ Hui~~178 ~~Chin~~Johnston ~~Tong~~Road, ~~Godfrey~~ Wanchai Hong Kong

~~Date: October~~(Address of Principal Executive Offices)(Zip ~~29, 2002~~Code)

N/A

(Former name or former address, if changed since last report)

Registrant’s Telephone Number, Including International Code and Area Code:

(011)(852) 2833-2186

Item 5. Other Events and Regulation FD Disclosure.

On January 6, 2002, Teda Travel Incorporated (the “Company”) acquired a 35% interest (“Interest”) in a real estate joint venture by the name of Tianjin Yide Real Estate Company Limited (the “Real Estate Joint Venture”). The Company’s co-venturer is a real estate developer by the name of Tianjin Teda International Hotels Development Company Limited, a corporation owned by the Tianjin provincial government and formed under the laws of the People’s Republic of China. Through its Interest in the Real Estate Joint Venture, the Company owns a multi-use complex featuring apartment units for sale, as well as a hotel and clubhouse. For more information about the Company’s Real Estate Joint Venture, please see Item 2, “Properties,” in the Company’s Annual Report on Form 10-KSB, as filed with the United States Securities and Exchange Commission (“SEC”) on April 15, 2003, as well as the Company’s subsequent Quarterly Reports on Form 10-QSB as filed with the SEC.

The purpose of this Current Report on Form 8-K is to provide audited financial statements for the Real Estate Joint Venture as required by Item 310(c)(1) of Regulation S-B. Because the Company acquired its Interest in the Real Estate Joint Venture in January 2002, the Company is filing as Exhibit 99.1 to this Form 8-K audited financial statements for the Real Estate Joint Venture for the period from March 3, 2000 (the date of inception) to December 31, 2000, and for the year ended December 31, 2001.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

(a) Not applicable

(b) Not applicable

Exhibit No.

Description

99.1

Tianjin Yide Real Estate Company Limited Report and Financial Statements for the Period from March 3, 2000 (Inception) to December 31, 2000 and for the Year Ended December 31, 2001.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

TEDA TRAVEL INCORPORATED

Date: August 19, 2003

By: /s/ GODFREY HUI CHIN TONG

Godfrey Hui Chin Tong,

Chief Executive Officer

EXHIBIT INDEX

Exhibit No.

Description

99.1

Tianjin Yide Real Estate Company Limited Report and Financial Statements for the Period from March 3, 2000 (Inception) to December 31, 2000 and for the Year Ended December 31, 2001.

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