UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 1619, 2011

CHINA INDUSTRIAL WASTE MANAGEMENT, INC.

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(Exact name of Registrant as specified in charter)

Nevada	002-95836	13-3250816
(State or other jurisdiction	(Commission File No.)	(IRS Employer
of Incorporation)	Identification No.)

No. 1 Huaihe West Road, E-T-D-Zone,

Dalian, People’s Republic of China 116600

~~Dalian,~~(Address ~~People’s~~of ~~Republic~~principal ofexecutive ~~China 116600~~offices) (Zip Code)

Registrant's telephone number, including area code: 011 86 411-82595139

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425)

[ ] Soliciting material pursuant to Rule14a-12 under the Exchange Act (17CFR240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e-4(c))

Item 21.0201. ~~Results~~Entry ofinto ~~Operations~~a ~~and~~Material ~~Financial~~Definitive ~~Condition~~Agreement

On May 1619, 2011, China Industrial Waste Management, Inc. (the “Company”), through ~~issued~~its asubsidiary ~~press~~Dalian ~~release~~Dongtai ~~announcing~~Industrial ~~(i)~~Waste ~~certain~~Treatment ~~financial~~Co., ~~results~~Ltd. ~~for~~(“Dalian ~~the~~Dongtai”), ~~fiscal~~entered ~~quarter~~into ~~ended~~an ~~March~~equity ~~31,~~transfer ~~2011;~~agreement (iithe “Agreement”) ~~guidance~~to ~~for~~sell the ~~first~~entire ~~half~~65% ofequity ~~fiscal~~interest ~~year~~(the ~~2011;~~“Equity ~~and (iii~~Interest”) aowned ~~conference~~by ~~call~~Dalian toDongtai bein ~~held~~Hunan byHanyang ~~the~~Environmental ~~Company~~Protection onScience ~~Monday,~~& ~~May~~Technology 16Co., ~~2011~~Ltd. at(“Hunan ~~9:00~~Hanyang”), a~~.m.~~ ~~Eastern~~company ~~Daylight~~established ~~Time~~under tothe ~~discuss~~laws of the ~~financial~~People’s ~~results~~Republic of ~~operations~~China, ~~for~~to ~~the~~Hunan ~~fiscal~~Tian ~~quarter~~Kun ~~ended~~Jia ~~March~~He 31Investment Co., ~~2011~~Ltd. A, ~~copy~~a company established under the laws of the ~~press~~People’s ~~release~~Republic isof ~~attached~~China ~~hereto~~and asan ~~Exhibit~~unrelated 99party of the Company (the “Transferee”).1.

~~This~~Hunan ~~information~~Hanyang ~~under~~is ~~this~~a ~~Item~~waste ~~2.02~~treatment ~~and~~company ~~the~~based ~~Press~~in ~~Release~~Changsha, ~~attached~~Hunan toProvince, ~~this~~China ~~Form~~that ~~8-K~~is aslicensed ~~Exhibit 99.1 shall be deemed~~ to beengage ~~“furnished”~~in ~~and~~the ~~shall~~business ~~not be deemed “filed” for purposes~~ of ~~Section~~treatment 18and ofcomprehensive ~~the~~utilization ~~Securities Exchange Act~~ of ~~1934,~~waste. asThe ~~amended~~Company ~~(the~~acquired ~~“Exchange~~its ~~Act”),~~Equity orInterest ~~otherwise~~in ~~subject~~Hunan toHanyang ~~the liabilities under that section and shall not be deemed incorporated by reference~~ in ~~any~~October ~~filing under the Exchange Act or the Securities Act of 1933, as amended~~2009.

Pursuant to the Agreement, Dalian Dongtai will sell its Equity Interest in Hunan Hanyang to the Transferee for a total purchase price of RMB29 million (approximately $4.46 million) (the “Transfer Price”). The payment of the Transfer Price shall be paid as follows: RMB17 million (approximately $2.6 million) to be paid within 7 business days after the execution of the Agreement (the “Effective Date”), RMB10 million (approximately $1.54 million) to be paid within 3 months after the Effective Date (the “Second Payment”), and the remaining RMB 2 million (approximately $ 0.31 million) to be paid within 12 months after the Effective Date. If the Transferee fails to make the Second Payment within 3 months after the Effective Date, the Transferee shall pay all accrued interest thereon starting from the fourth month after the Effective Date until the payment is made. If the Transferee fails to make the Second Payment by the end of the 12-month period after the Effective Date, Dalian Dongtai has the right to convert the outstanding Second Payment into a 35% equity interest in Hunan Hanyang at no additional cost.

The foregoing description of the principal terms of the Agreement is a general description only, does not purport to be complete, and is qualified in its entirety be reference to the terms of the Agreement attached hereto as Exhibit 10.1, which is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following is filed as an exhibit to this report:

Exhibit No.		Description
99.1		Press Release, dated May 16, 2011.
10.1		English Translation of the Equity Transfer Agreement, dated May 19, 2011, by and between Dalian Dongtai Industrial Waste Treatment Co., Ltd. and Hunan Tian Kun Jia He Investment Co., Ltd.

SIGNATURES

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

Date: May 1625, 2011

CHINA INDUSTRIAL WASTE MANAGEMENT, INC. By: /s/ Jinqing Dong Jinqing Dong Chairman and Chief Executive Officer

Filing Compare · China Industrial Waste Management Inc.