**UNITED      STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington,      DC 20549**

----

**FORM      10-QSB**

----

| **[X]**                            | **Quarterly                Report Pursuant to Section 13 or 15(d) of the Securities Exchange                Act of                1934**  |
|------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------|
|                               | **FOR                THE QUARTERLY PERIOD ENDED September 30, 2007**                                                                      |
|                               |                                                                                                                                      |
|                               | **OR**                                                                                                                                    |
|                               |                                                                                                                                      |
| **[                  ]** | **Transition                Report Pursuant to Section 13 or 15(d) of the Securities Exchange                Act of                1934** |
|                               | **For                the transition period from                to**                                                                       |

**Commission      file number 333-130767**

**CHINA      YOUTV CORP.**

----

| **Nevada**                                                                    | **N/A**                                          |
|-------------------------------------------------------------------------------|--------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (IRS                Employer Identification No.) |

**Oceanic      Business Centre 2300**

**1066      West Hastings Street**

**Vancouver,      British Columbia**

**Canada      V6E 3X2**

**(604)      601-8274**

**Yes [X] No [ ]**

**2**
**8**
**,6**
**60**
**,000**

**Yes [ ] No [X]**

----

**PART      I.**

**ITEM      1. - FINANCIAL STATEMENTS**

| **China                  YouTV Corp. (formerly Admax Resources Inc.)**                                   |   |                           |     |   |                      |   |
|----------------------------------------------------------------------------------------------------------|--------|--------------------------------|----------|--------|---------------------------|--------|
| **(A                  Development Stage Company)**                                                       |   |                           |     |   |                      |   |
| **Balance                  Sheets**                                                                      |   |                           |     |   |                      |   |
| **(Expressed                  in US Dollars)**                                                           |   |                           |     |   |                      |   |
|                                                                                                     |   |                           |     |   |                      |   |
|                                                                                                     |   |                           |     |   |                      |   |
|                                                                                                     |   | September                  30, |     |   | June                  30, |   |
|                                                                                                     |   | 2007                           |     |   | 2007                      |   |
|                                                                                                     |   | (Unaudited)                    |     |   | (Audited)                 |   |
| **ASSETS**                                                                                               |   |                           |     |   |                      |   |
| **Current                  Assets**                                                                      |   |                           |     |   |                      |   |
| Cash                                                                                                     |   | $                              | 2,280    |   |                      | $      | 7,922 |   |
| Prepaid                  expenses                                                                        |   |                           | 129,698  |   |                      |   | 157,954 |   |
| **Total                  Current Assets**                                                                |   |                           | 131,978  |   |                      |   | 165,876 |   |
|                                                                                                     |   |                           |     |   |                      |   |   |   |
| Investment                  in joint venture                                                             |   |                           | -        |   |                      |   | - |   |
| **Total                  Assets**                                                                        |   | $                              | 131,978  |   |                      | $      | 165,876 |   |
|                                                                                                     |   |                           |     |   |                      |   |   |   |
|                                                                                                     |   |                           |     |   |                      |   |   |   |
|                                                                                                     |   |                           |     |   |                      |   |   |   |
|                                                                                                     |   |                           |     |   |                      |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' EQUITY (DEFICIENCY)**                                   |   |                           |     |   |                      |   |   |   |
| **Current                  Liabilities**                                                                 |   |                           |     |   |                      |   |   |   |
| Accounts                  payable and accrued liabilities                                                |   | $                              | 48,849   |   |                      | $      | 36,795 |   |
| Due                  to related party                                                                    |   |                           | 80,120   |   |                      |   | 62,120 |   |
| **Total                  current liabilities**                                                           |   |                           | 128,969  |   |                      |   | 98,915 |   |
| **Stockholders'                  Equity (Deficiency)**                                                   |   |                           |     |   |                      |   |   |   |
| Preferred                  stock, $0.00001 par value; authorized 1,000,000,000                  shares,  |   |                           |     |   |                      |   |   |   |
| Issued                  and outstanding: 0 and 0 shares, respectively                                    |   |                           | -        |   |                      |   | - |   |
| Common                  stock, $0.00001 par value; authorized 1,000,000,000                  shares,     |   |                           |     |   |                      |   |   |   |
| Issued                  and outstanding: 24,160,000 and 24,160,000 shares,                  respectively |   |                           | 242      |   |                      |   | 242 |   |
| Additional                  paid-in capital                                                              |   |                           | 270,948  |   |                      |   | 270,948 |   |
| Deficit                  accumulated during                                                              |   |                           |     |   |                      |   |   |   |
| the                  development stage                                                                   |   |                           | (268,181 | )      |                      |   | (204,229 | ) |
| **Total                  stockholders' equity (deficiency)**                                             |   |                           | 3,009    |   |                      |   | 66,961 |   |
| **Total                  Liabilities and Stockholders' Equity (Deficiency)**                             |   | $                              | 131,978  |   |                      | $      | 165,876 |   |
|                                                                                                     |   |                           |     |   |                      |   |   |   |
| **See                  notes to financial statements.**                                                  |   |                           |     |   |                      |   |   |   |

----

| **China                  YouTV Corp. (formerly Admax Resources Inc.)**    |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
|---------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **(A                  Development Stage Company)**                        |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| **Statements                  of Operations**                             |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| **(Expressed                  in US Dollars)**                            |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
|                                                                      |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
|                                                                      |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
|                                                                      |   | Three                  months ended September 30,                                                       | Cumulative                  during the development stage (May 18, 2005 to September 30,                  2007) |
|                                                                      |   | 2007                                                                                                    |                                                                                                           | 2006                                                                                                    |   |                                                                                                                                                                                                          |
|                                                                      |   | (Unaudited)                                                                                             |                                                                                                           | (Unaudited)                                                                                             |   | (Unaudited)                                                                                                                                                                                                   |
|                                                                      |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| **Revenues**                                                              | $      |                  - | $                                                                                                              |                  - | $      |                                   - |
|                                                                      |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| **Expenses**                                                              |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| General                  and administrative                               |   |          63,952                                            |                                                                                                           |            6,360                                 |   |                         260,709                                                       |
| Impairment                  of mineral claim acquisition costs and        |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
|   mineral                  claim exploration and carrying costs |   |                  - |                                                                                                           |            1,818                                 |   |                             7,794                                 |
| Total                  costs and expenses                                 |   |          63,952                                            |                                                                                                           |            8,178                                 |   |                         268,503                                                       |
| Income                  (loss) from operations                            |   |        (63,952)                                                      |                                                                                                           |          (8,178)                                           |   |                        (268,503)                                                           |
| Interest                  income                                          |   |                  - |                                                                                                           |                  - |   |                               322                       |
| **Net                  Loss**                                             | $      |        (63,952)                                                      | $                                                                                                              |          (8,178)                                           | $      |                        (268,181)                                                           |
|                                                                      |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| **Net                  Loss per share**                                   |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| Basic                  and diluted                                        | $      | (0.00)                                                                                                  | $                                                                                                              | (0.00)                                                                                                  |   |                                                                                                                                                                                                          |
|                                                                      |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
|                                                                      |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| **Number                  of common shares used to**                      |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| **compute                  loss per share**                               |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| Basic                  and Diluted                                        |   |    24,160,000                                                                            |                                                                                                           |    23,800,000                                                                            |   |                                                                                                                                                                                                          |
|                                                                      |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
|                                                                      |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |
| **See                  notes to financial statements.**                   |   |                                                                                                    |                                                                                                           |                                                                                                    |   |                                                                                                                                                                                                          |

----

| **China                  YouTV Corp. (formerly Admax Resources Inc.)**                              |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
|-----------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------|---------------------------------------------|---------------------------------------------------------------------|----------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------|
| **(A                  Development Stage Company)**                                                  |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| **Statements                  of Stockholders' Equity (Deficiency)**                                |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| **For                  the period May 18, 2005 (Inception) to September 30,                  2007** |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| **(Expressed                  in US Dollars)**                                                      |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
|                                                                                                |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
|                                                                                                |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
|                                                                                                | Common                  Stock, $0.00001 Par Value                                                       | Additional                  Paid-in Capital | Deficit                  Accumulated During the Development Stage   | Total                  Stockholders' Equity (Deficiency) |
|                                                                                                | Shares                                                                                                  |                                        | Amount                                                              |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| Common                  stock issued to two officers                                                |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| and                  directors for cash on May 19, 2005                                             |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| at                  a price of $0.000001 per share                                                  |   10,000,000                                                                                  | $                                           |        100                       | $                                                        |                 (90)                      |  $ |                           - | $      |                   10 |
| Net                  loss                                                                           |                  - |                                        |            - |                                                     |                     - |    |                 (14,936)                                                      |   |            (14,936)                                     |
|                                                                                                |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| Balance,                  June 30, 2005                                                             |   10,000,000                                                                                  |                                        |        100                       |                                                     |                 (90)                      |    |                 (14,936)                                                      |   |            (14,926)                                     |
| Common                  stock issued for cash                                                       |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| on                  September 29, 2005 at a price of                                                |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| $0.0025                  per share                                                                  |   13,800,000                                                                                  |                                        |        138                       |                                                     |             34,362                                            |    |                           - |   | 34,500                                                                                                         |
| Net                  loss for the year                                                              |                  - |                                        |            - |                                                     |                     - |    |                 (27,540)                                                      |   |            (27,540)                                     |
|                                                                                                |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| Balance,                  June 30, 2006                                                             |   23,800,000                                                                                  |                                        |        238                       |                                                     |             34,272                                            |    |                 (42,476)                                                      |   |              (7,966)                          |
| Common                  stock contracted on March 10,                                               |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| 2007                  to be issued for services to be rendered                                      |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| from                  April 1, 2007 to September 30, 2008                                           |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| (issued                  July 1, 2007)                                                              |        250,000                                                       |                                        |           3       |                                                     |           187,497                                                       |    |                           - |   |            187,500                                      |
| Common                  stock issued on June 22, 2007 for                                           |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| consulting                  services rendered                                                       |        100,000                                                       |                                        |           1       |                                                     |             44,679                                            |    |                           - |   |             44,680                                 |
| Common                  stock issued on June 22, 2007 for                                           |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| legal                  services rendered                                                            |         10,000                                                  |                                        |            - |                                                     |              4,500                                       |    |                           - |   |               4,500                      |
| Net                  loss for the year ended June 30, 2007                                          |                  - |                                        |            - |                                                     |                     - |    |               (161,753)                                                                 |   |          (161,753)                                                |
| Balance,                  June 30, 2007                                                             |   24,160,000                                                                                  |                                        |        242                       |                                                     |           270,948                                                       |    |               (204,229)                                                                 |   |             66,961                                 |
| Net                  loss for the three months ended September 30, 2007                             |                  - |                                        |            - |                                                     |                     - |    |                 (63,952)                                                      |   |            (63,952)                                     |
| (Unaudited)                                                                                         |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| Balance,                  September 30, 2007 (Unaudited)                                            |   24,160,000                                                                                  |                                        |        242                       |                                                     |           270,948                                                       |    |               (268,181)                                                                 |   |               3,009                      |
|                                                                                                |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
| **See                  notes to financial statements.**                                             |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |
|                                                                                                |                                                                                                    |                                        |                                                                |                                                     |                                                                                                                      |    |                                                                                                                                                          |   |                                                                                                           |

----

| **China                  YouTV Corp. (formerly Admax Resources Inc.)**    |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
|---------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------|----------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **(A                  Development Stage Company)**                        |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| **Statements                  of Cash Flows**                             |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| **(Expressed                  in US Dollars)**                            |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
|                                                                      |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
|                                                                      |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
|                                                                      | Three                  months ended September 30,                                                       | Cumulative                  during the development stage |
|                                                                      | 2007                                                                                                    |                                                     | 2006                                                                                                                            |   |  (May                18, 2005 to September 30, 2007)                                                                                                                                               |
|                                                                      | (Unaudited)                                                                                             |                                                     | (Unaudited)                                                                                                                     |   | (Unaudited)                                                                                                                                                                                             |
| **Cash                  Flows from Operating Activities**                 |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| Net                  income (loss)                                        |        (63,952)                                                      | $                                                        |              (8,178)                                           | $      |                      (268,181)                                                                 |
| Adjustments                  to reconcile net income (loss) to            |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| net                  cash provided by (used for) operating activities:    |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| Impairment                  of mineral claim acquisition costs            |                  - |                                                     |                      - |   |                           6,033                                       |
| Stock-based                  compensation                                 |         31,250                                                  |                                                     |                      - |   |                        111,680                                                       |
| Changes                  in operating assets and liabilities              |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| Prepaid                  expenses                                         |          (2,994)                                           |                                                     |                      - |   |                          (4,698)                                           |
| Accounts                  payable and accrued liabilities                 |         12,054                                                  |                                                     |              (1,682)                                           |   |                         48,849                                                  |
| **Net                  cash provided by (used for) operating activities** |        (23,642)                                                      |                                                     |              (9,860)                                           |   |                      (106,317)                                                                 |
| **Cash                  Flows from Investing Activities**                 |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| Mineral                  claim acquisition costs incurred                 |                  - |                                                     |                      - |   |                          (6,033)                                           |
| **Net                  cash provided by (used for) investing activities** |                  - |                                                     |                      - |   |                          (6,033)                                           |
| **Cash                  Flows from Financing Activities**                 |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| Loans                  from related party                                 |         18,000                                                  |                                                     |              18,000                                            |   | 80,120                                                                                                                                                                                                  |
| Proceeds                  from sales of common stock                      |                  - |                                                     |                      - |   | 34,510                                                                                                                                                                                                  |
| **Net                  cash provided by (used for) financing activities** |         18,000                                                  |                                                     |              18,000                                            |   | 114,630                                                                                                                                                                                                 |
| **Increase                  (decrease) in cash**                          |          (5,642)                                           |                                                     |               8,140                                       |   |                           2,280                                       |
|                                                                      |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| **Cash,                  beginning of period**                            |           7,922                                       |                                                     |              17,523                                            |   |                                  - |
|                                                                      |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| **Cash,                  end of period**                                  |           2,280                                       | $                                                        |              25,663                                            | $      | 2,280                                                                                                                                                                                                   |
|                                                                      |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
|                                                                      |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| **Supplemental                  disclosures of cash flow information:**   |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| Interest                  paid                                            |                  - | $                                                        |                      - | $      |                                  - |
| Income                  taxes paid                                        |                  - | $                                                        |                      - | $      |                                  - |
|                                                                      |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
|                                                                      |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |
| **See                  notes to financial statements.**                   |                                                                                                    |                                                     |                                                                                                                            |   |                                                                                                                                                                                                    |

**CHINA          YOUTV CORP. (formerly ADMAX RESOURCES INC.)**

|   |  China                    YouTV Corp. (the “Company”) was incorporated in the State of Nevada on May                    18, 2005 under the name Admax Resources, Inc., which name was                    changed in                    March 2007. From May 18, 2005 to March 15, 2007, the Company’s business                    operations were limited to the acquisition of a mineral claim                    in British                    Columbia, Canada and the performance of limited exploration work.                    On March                    16, 2007, the Company entered into a Joint Venture Agreement                    with Beijing                    Hua Ju Net Media Technology Co. Ltd. (“Hua Ju”) for a term of 20 years to                    be organized in Beijing, China. The purpose of the Joint Venture                    is to                    conduct a video sharing web site and other related internet interactive                    media businesses in China. See Note                    3. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | On                    January 29, 2007 the Company effectuated a 10 for 1 forward stock                    split.                    The financial statements have been retroactively adjusted to                    reflect this                    stock split. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note                    3   | Prepaid                    Expenses |
|---------------------------------------|-------------------------------------|

|                                                              | September                  30,                                                            |   | June                  30,                             |
|-------------------------------------------------------------------|-------------------------------------------------------------------------------------------|--------|-------------------------------------------------------|
|                                                              | 2007                                                                                      |   | 2007                                                  |
|                                                              | (Unaudited)                                                                               |   |                                                  |
| Stock                  consideration issued to consultants        |                                                                                      |   |                                                  |
|   under                  Consultancy Services Agreement |  $        187,500                            |   |  $  187,500                            |
| Accumulated                  amortization                         |            (62,500)                |   |      (31,250)                |
|                                                              |                                                                                      |   |                                                  |
| Unamortized                  balance                              |            125,000                 |   |      156,250                 |
| Other                                                             |               4,698 |   |         1,704 |
|                                                              |                                                                                      |   |                                                  |
| Total                                                             |  $        129,698                            |   |  $  157,954                            |

|   |  On                    March 10, 2007, the Company executed a Consultancy Services Agreement                    with                    three consultants. Under this agreement, the consultants are                    to perform                    certain specified consulting services relating to an on-line                    video sharing                    business for a term of 18 months commencing April 1, 2007. The                    total                    consideration to be paid the consultants was 250,000 free trading                    shares                    of Company common stock (which was issued and delivered on July                    1, 2007).                    The Company recorded the $187,500 estimated fair value of the                    250,000                    shares at March 10, 2007 as a prepaid expense and is amortizing                    the                    $187,500 over the 18 month term of the agreement. For the three                    months                    ended September 30, 2007, $31,250 of the $187,500 is included                    in general                    and administrative expenses in the statement of operations and                    $125,000 of                    the $187,500 is included in prepaid expenses in the balance sheet                    at                    September 30, 2007. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note                  4 | Joint                  Venture with Beijing Hua Ju Net Media Technology Co. Ltd. (“Hua                  Ju”) |
|-------------------------|--------------------------------------------------------------------------------------------------------------------------|

| Note                  5 | Due                  to Related Party |
|-------------------------|---------------------------------------|

| Note                  7 | Income                  Taxes |
|-------------------------|-------------------------------|

| Net                  operating loss carryforward | $91,182  |
|--------------------------------------------------|----------|
| Less                  valuation allowance        | (91,182) |
| Net                                              | $        |

| Note                  8 | Commitments                  and Contingencies |
|-------------------------|------------------------------------------------|

| Note                  9   | Subsequent                  Events |
|-------------------------------------|------------------------------------|

|   | On                  October 1, 2007, the Company executed a Consultancy Services Agreement                  with five consultants. Under this agreement, the consultants are                  to                  perform certain specified consulting services relating to an on-line                  video                  sharing business for a term of 18 months commencing October 1,                  2007. The                  total consideration to be paid the consultants was 4,500,000 free                  trading                  shares of Company common stock (which was issued and delivered                  on October                  4, 2007). The Company will record the $315,000 estimated fair value                  of the                  4,500,000 shares at October 1, 2007 as a prepaid expense and will                  amortize                  the $315,000 over the 18 month term of the                  agreement. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**ITEM        2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF        OPERATION**

**Plan      of Operation**

**Liquidity      and Capital Resources**

** **
** **

** **

**ITEM      3. CONTROLS AND PROCEDURES**

**(a)      **
***Evaluation of Disclosure Controls and      Procedures:***

**(b)**
***Changes      in Internal Control over Financial Reporting:***

----

**PART      II. OTHER INFORMATION**

**ITEM        6. **
**EXHIBITS AND REPORTS ON FORM        8-K**

| **Exhibits** | **Document                Description**                                                                                                                                                                                   |
|--------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1         | Certification                of Principal Executive Officer                pursuant to Rule 13a-15(e) and Rule 15d-15(e), promulgated under                the                Securities Exchange Act of 1934, as amended |
|         |                                                                                                                                                                                                                      |
| 31.2         | Certification                of Principal Financial Officer                pursuant to Rule 13a-15(e) and Rule 15d-15(e), promulgated under                the                Securities Exchange Act of 1934, as amended |
|         |                                                                                                                                                                                                                      |
| 32.1         | Certification                Pursuant To 18 U.S.C. Section 1350,                As Adopted Pursuant To Section 906 of The Sarbanes-Oxley Act of 2002                (Chief Executive Officer)                             |
|         |                                                                                                                                                                                                                      |
| 32.2         | Certification                Pursuant To 18 U.S.C. Section 1350,                As Adopted Pursuant To Section 906 of The Sarbanes-Oxley Act of 2002                (Chief Financial Officer)                             |

----

**SIGNATURES**

|   | **CHINA                YOUTV CORP.** |
|--------|--------------------------------------|
|   | **(Registrant)**                     |
|   |                                 |   |
|   | BY:                                  | /s/                James Wei |
|   |                                 | James                Wei |
|   |                                 | President,                Principal Executive Officer and a member of the Board of                Directors |
|   |                                 |   |
|   | BY:                                  | /s/                Jie Wang |
|   |                                 | Jie                Wang |
|   |                                 | Principal                Financial Officer, Principal Accounting Officer, Treasurer, Secretary                and                a member of the Board of Directors |