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~~June 1930, 2011

CHINA INDUSTRIAL WASTE MANAGEMENT, INC.

~~CHINA~~ (Exact ~~INDUSTRIAL~~name ~~WASTE~~of ~~MANAGEMENT,~~Company ~~INC.~~as specified in charter)

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

(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

(Address of principal executive offices) (Zip Code)

~~Registrant~~Company'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~~Company under any of the following provisions:

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

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

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

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

Item 14.01. ~~Entry~~ ~~into~~Changes ain ~~Material~~Company’s ~~Definitive~~Certifying ~~Agreement~~Accountant.

OnEffective ~~May~~as 19of June 30, 2011, China Industrial Waste Management, Inc. (the “Company”)~~, through~~ ~~its~~dismissed ~~subsidiary Dalian Dongtai Industrial Waste Treatment Co.~~Jewett, ~~Ltd. (“Dalian Dongtai”)~~Schwartz, ~~entered~~Wolfe ~~into~~& anAssociates ~~equity transfer agreement~~ (~~the~~ “~~Agreement~~JSW”) toand ~~sell~~engaged ~~the~~UHY ~~entire~~LLP ~~65% equity interest~~ (~~the~~ “~~Equity Interest~~UHY”) ~~owned~~as byits ~~Dalian~~new ~~Dongtai~~independent inregistered ~~Hunan~~public ~~Hanyang Environmental Protection Science & Technology Co~~accountant., These ~~Ltd.~~actions ~~(“Hunan~~were ~~Hanyang”),~~recommended aby ~~company established under~~ the ~~laws~~Audit Committee of the ~~People~~Company’s ~~Republic~~Board of ~~China,~~Directors ~~to Hunan Tian Kun Jia He Investment Co., Ltd., a company established under~~ (the ~~laws~~“Board”) ~~of the People’s Republic of China~~ and anapproved ~~unrelated~~by ~~party of~~ the ~~Company (the “Transferee”)~~Board.

~~Hunan~~The ~~Hanyang~~reports isof aJSW ~~waste~~on ~~treatment~~the ~~company~~Company’s ~~based~~financial instatements ~~Changsha,~~as ~~Hunan~~of ~~Province~~December 31, ~~China~~2010 ~~that~~and is2009 ~~licensed~~and tofor ~~engage~~the infiscal ~~the~~years ~~business~~ended ofDecember ~~treatment~~31, 2010 and ~~comprehensive~~2009 ~~utilization~~did not contain an adverse opinion or a disclaimer of ~~waste.~~opinion, ~~The~~and ~~Company~~were ~~acquired~~not ~~its~~qualified ~~Equity~~or ~~Interest~~modified inas ~~Hunan~~to ~~Hanyang~~uncertainty, inaudit ~~October~~scope, ~~2009~~or accounting principles.

~~Pursuant~~In toconnection ~~the~~with ~~Agreement, Dalian Dongtai will sell its Equity Interest in Hunan Hanyang to~~ the ~~Transferee~~audits ~~for a total purchase price~~ of ~~RMB29 million (approximately $4.46 million) (~~the ~~“Transfer~~Company’s ~~Price”).~~financial ~~The~~statements ~~payment~~for of the ~~Transfer~~fiscal ~~Price~~periods ~~shall~~ended beDecember ~~paid~~31, as2010 ~~follows:~~and ~~RMB17~~2009, ~~million~~and ~~(approximately~~through ~~$2.6~~June ~~million)~~30, ~~to be paid within 7 business days after the execution of the Agreement (the “Effective Date”)~~2011, ~~RMB10~~there ~~million~~were: (~~approximately $1.54 million~~i) tono bedisagreements ~~paid~~between ~~within 3 months after~~ the ~~Effective~~Company ~~Date (the “Second Payment”),~~ and ~~the~~JSW ~~remaining~~on ~~RMB~~any 2matters ~~million~~of ~~(approximately~~accounting $principles ~~0.31~~or ~~million)~~practices, tofinancial bestatement ~~paid~~disclosure, ~~within~~or 12auditing ~~months~~scope ~~after~~or ~~the~~procedures, ~~Effective~~which ~~Date.~~disagreements, Ifif ~~the~~not ~~Transferee~~resolved ~~fails~~ to ~~make~~ the ~~Second~~satisfaction ~~Payment~~of ~~within 3 months after the Effective Date~~JSW, ~~the~~would ~~Transferee~~have ~~shall~~caused ~~pay~~JSW ~~all~~to ~~accrued~~make ~~interest~~reference ~~thereon~~to ~~starting from~~ the ~~fourth~~subject ~~month~~matter ~~after~~of the ~~Effective~~disagreement ~~Date~~in ~~until~~its ~~the~~reports ~~payment~~on ~~is made. If~~ the ~~Transferee~~Company’s ~~fails~~financial tostatements ~~make~~for ~~the~~such ~~Second~~periods, ~~Payment~~and by(ii) ~~the~~no ~~end~~reportable events of the ~~12-month~~type ~~period~~listed ~~after~~in ~~the~~paragraphs ~~Effective~~(A) ~~Date,~~through ~~Dalian~~(D) ~~Dongtai~~of ~~has~~Item ~~the right to convert the outstanding Second Payment into~~ 304(a)(1)(v) ~~35%~~of ~~equity~~Regulation ~~interest in Hunan Hanyang at no additional cost~~S-K.

~~The~~During ~~foregoing~~its ~~description~~two ofmost recent fiscal periods ended December 31, 2010 and 2009, and the ~~principal~~subsequent ~~terms~~interim ofperiod through the ~~Agreement~~engagement isof aUHY ~~general~~on ~~description~~June ~~only~~30, ~~does~~2011, the Company did not ~~purport~~consult with UHY on (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that may be ~~complete~~rendered on the Company’s financial statements, and isUHY ~~qualified~~did innot ~~its~~provide ~~entirety~~either bea ~~reference~~written report or oral advice to the ~~terms~~Company ofthat was an important factor considered by the ~~Agreement~~Company ~~attached~~in ~~hereto~~reaching a decision as ~~Exhibit~~to ~~10.~~any accounting, auditing, or financial reporting issue; or (ii) the subject of any disagreement, as defined in Item 304 (a)(1)(iv) of Regulation S-K and the related instructions, ~~which~~or isa ~~incorporated~~reportable ~~herein~~event bywithin ~~reference~~the meaning set forth in Item 304(a)(1)(v) of Regulation S-K.

The Company provided JSW with a copy of the disclosures contained herein and requested that JSW furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not JSW agrees with its statements in this Item 94.01. ~~Financial~~ ~~Statements~~A ~~and~~copy ~~Exhibits~~of the letter to be furnished by JSW in response to such request, will be filed as Exhibit 16.1 to an amendment to this Form 8-K promptly when the Company is in receipt of the letter. The Company anticipates it will be provided with the letter within ten business days from the date of filing this Form 8-K.

(d) Exhibits.

The following is filed as an exhibit to this report:

Exhibit No.		Description
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~~Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: ~~May~~July 257, 2011

	CHINA INDUSTRIAL WASTE MANAGEMENT, INC.

	By:	/s/ Jinqing Dong
		Jinqing Dong
		Chairman and Chief Executive Officer

Filing Compare · China Industrial Waste Management Inc.