UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-QSB/A
                                (Amendment No, 1)
(Mark One)

[X]   QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
      OF 1934

                  For the quarterly period ended March 31, 2006

[ ]   TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

       For the transition period from ________________ to _______________

                                    000-51429
                            (Commission file number)

                    CHINA HOUSING AND LAND DEVELOPMENT, INC.
        (Exact name of small business issuer as specified in its charter)

             Nevada                                            20-1334845
  (State or other jurisdiction                                (IRS Employer
of incorporation or organization)                          Identification No.)

                         6 Youyi Dong Lu, Han Yuan 4 Lou
                             Xi'An, Shaanxi Province
                                  China 710054
                    (Address of principal executive offices)

                                 86-029-82582632
                           (Issuer's telephone number)

                                       N/A
      (Former name, former address and former fiscal year, if changed since
                                  last report)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past 90 days. Yes [X] No []

State the number of shares outstanding of each of the issuer's classes of common
equity,  as of the latest  practicable  date:  As of May 12,  2006 -  20,000,000
shares of common stock

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [ ] No [X]


Transitional Small Business Disclosure Format (check one): Yes [ ] No [X]


<PAGE>


                     CHINA HOUSING & LAND DEVELOPMENT. INC.
                                  FORM 10-QSB/A

                                EXPLANATORY NOTE

This  Amendment  No.  1 on Form  10-QSB/A  (this  "Form  10-QSB/A")  amends  our
Quarterly  Report on Form 10-QSB for the first  quarter ended March 31, 2006, as
initially  filed with the Securities and Exchange  Commission (the "SEC") on May
15,  2006,  and is being  filed to  reflect  the  restatement  of our  condensed
consolidated  balance  sheet as of March  31,  2006  and the  related  condensed
consolidated  statements of operations,  cash flows and stockholders' equity for
the three months ended March 31, 2006,  as discussed in Note 2 and Note 5 to the
unaudited condensed consolidated financial statements.  The Form 10-QSB filed on
May 15,  2006 was  erroneously  filed  without  completion  of the review of the
Company's auditors. The Company's auditors have now completed their review.

All  of  the  changes  in  these  notes  to  the  financial   statements  relate
specifically  to the  accounting  treatment  given to the  seven  for one  stock
dividend announced on May 5, 2006.

Except for the foregoing amended information  required to reflect the effects of
the restated  condensed  consolidated  balance sheet,  statements of operations,
cash flows and stockholders'  equity,  this Form 10-QSB/A  continues to describe
conditions  as presented in the original  report on Form 10-QSB filed on May 15,
2006.  Information not affected by the restatement is unchanged and reflects the
disclosures  made at the time of the  original  filing of the Form 10-QSB on May
15, 2006.








                                       1
<PAGE>

                    CHINA HOUSING AND LAND DEVELOPMENT, INC.
                 (Formerly, Pacific Northwest Productions, Inc.)
                        (A Development Stage Enterprise)

                                      Index

<TABLE>
<CAPTION>
                                                                                    Page
                                                                                   Number
<S>        <C>                                                                     <C>
PART I.    FINANCIAL INFORMATION

Item 1.    Financial Statements

           Balance Sheet as of March 31, 2006 (unaudited)                             3

           Statements of Operations for the three months ended March 31, 2006
           and 2005 and cumulative from July 6, 2004 to
           March 31, 2006 (unaudited)                                                 4

           Statements of Stockholders' Equity for the
           Period from July 6, 2004 to March 31, 2006 (unaudited)                     5

           Statements of Cash Flows for the
           three months ended March 31, 2006 and 2005
           and cumulative from July 6, 2004 to March 31, 2006 (unaudited)             6
           Notes to Financial Statements (unaudited)                                  7

Item 2.    Management's Discussion and Analysis or Plan of Operations                12

Item 3.    Controls and Procedures                                                   13

PART II.   OTHER INFORMATION                                                         14

Item 1.    Legal Proceedings                                                         14

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds               14

Item 3.    Defaults Upon Senior Securities                                           14

Item 4.    Submission of Matters to a Vote of Security Holders                       14

Item 5.    Other Information                                                         14

Item 6.    Exhibits                                                                  14

SIGNATURES                                                                           15
</TABLE>



                                       2
<PAGE>


                    CHINA HOUSING AND LAND DEVELOPMENT, INC.
                 (Formerly, Pacific Northwest Productions Inc.)
                        (A Development Stage Enterprise)
                                  Balance Sheet
                                 March 31, 2006
                                   (Unaudited)


                                     ASSETS

         Current Assets:

         Cash and Cash Equivalents                                     $    872
                                                                       --------


         Equipment:
         Computer Equipment                                               6,119
         Accumulated Depreciation                                        (2,720)
                                                                       --------
                Total Equipment                                           3,399
                                                                       --------

         Total  Assets                                                 $  4,271
                                                                       ========

                 LIABILITIES AND STOCKHOLDERS' DEFICIT

         Current Liabilities:
         Accounts Payable and Accrued Liabilities                      $  4,703
                                                                       --------

         Stockholders' Deficit:
         Common Stock
           100,000,000 authorized common shares, par value $0.001
           12,000,000 common shares issued and outstanding
                at March 31, 2006                                        12,000
         Additional Paid-in-Capital                                      18,000
         Deficit accumulated during development stage                   (30,432)
                                                                       --------

                Total Stockholders' Deficit                                (432)
                                                                       --------

         Total Liabilities and Stockholders' Deficit                   $  4,271
                                                                       ========


  The accompanying notes are an integral part of these consolidated financial
                                  statements.



                                       3
<PAGE>


                    CHINA HOUSING AND LAND DEVELOPMENT, INC.
                 (Formerly, Pacific Northwest Productions Inc.)
                        (A Development Stage Enterprise)
                            Statements of Operations
          For the Three Month Periods Ended March 31, 2006 and 2005 And
         For the period from July 6, 2004 (inception) to March 31, 2006
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                            Cumulative from
                                                                             Three Month Periods Ended       July 6, 2004
                                                                                     March 31               (inception) to
                                                                               2006             2005        March 31, 2006
                                                                            ------------    ------------    --------------
                                                                             (unaudited)     (unaudited)      (unaudited)
<S>                                                                         <C>             <C>             <C>
Revenues

     Revenues                                                               $       --      $       --      $         --
                                                                            ------------    ------------    --------------


Operating Expenses
     Depreciation                                                                    510             510             2,720
     General and administrative expenses                                             201           1,587            27,712
                                                                            ------------    ------------    --------------

Net Loss                                                                    $        711    $      2,097    $       30,432
                                                                            ============    ============    ==============


Basic and Diluted Net Loss Per Common Share                                 $      (0.00)   $      (0.00)
                                                                            ------------    ------------

Weighted Average Number of Common Shares Outstanding - Basic and Diluted*     12,000,000      12,000,000
                                                                            ============    ============
</TABLE>


  * The basic and diluted net loss per share has been stated to retroactively
          effect 1:8 forward split on May 5, 2006 via stock dividend.


  The accompanying notes are an integral part of these consolidated financial
                                  statements.


                                       4
<PAGE>

                    CHINA HOUSING AND LAND DEVELOPMENT, INC.
                 (Formerly, Pacific Northwest Productions Inc.)
                        (A Development Stage Enterprise)
                        Statement of Stockholders' Equity
         For the period from July 6, 2004 (inception) to March 31, 2006
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                                                    Total
                                                          $0.001       Paid-In     Accumulated   Stockholders'
                                              Shares     Par Value     Capital       Deficit        Equity
                                            ----------   ----------   ----------    ----------    ----------
<S>                                         <C>          <C>          <C>           <C>           <C>
Balance July 6, 2004                              --     $     --     $     --      $     --      $     --

Stock Issued for cash at $0.005 per share    8,000,000        8,000       (3,000)         --           5,000

Stock Issued for cash at $0.05 per share     4,000,000        4,000       21,000          --          25,000

Net loss                                          --           --           --         (10,804)      (10,804)

                                            ----------   ----------   ----------    ----------    ----------

Balance December 31, 2004                   12,000,000       12,000       18,000       (10,804)       19,196

Net loss                                          --           --           --         (18,917)      (18,917)

                                            ----------   ----------   ----------    ----------    ----------

Balance December 31, 2005                   12,000,000       12,000       18,000       (29,721)          279

Net loss (unaudited)                              --           --           --            (711)         (711)

                                            ----------   ----------   ----------    ----------    ----------

Balance March 31, 2006 (unaudited)          12,000,000   $   12,000   $   18,000    $  (30,432)   $     (432)
                                            ==========   ==========   ==========    ==========    ==========
</TABLE>



  The accompanying notes are an integral part of these consolidated financial
                                  statements.


                                       5

<PAGE>

                    CHINA HOUSING AND LAND DEVELOPMENT, INC.
                 (Formerly, Pacific Northwest Productions Inc.)
                        (A Development Stage Enterprise)
                            Statements of Cash Flows
        For the Three Month Periods Ended March 31, 2006 and 2005 And For
           the period from July 6, 2004 (inception) to March 31, 2006
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                   Cumulative from
                                                      Three Month Periods Ended     July 6, 2004
                                                               March 31            (inception) to
                                                        2006             2005      March 31, 2006
                                                      --------         --------    ---------------
                                                     (unaudited)      (unaudited)    (unaudited)
<S>                                                   <C>              <C>         <C>
Cash Flows from Operating Activities:

      Net Loss                                        $   (711)        $ (2,097)   $       (30,432)
      Adjustments to reconcile net loss to net cash
         used in operating activities:
           Depreciation                                    510              510              2,720
      Changes in non-cash working capital items:
         Accounts Payable                                 --              1,225              4,703

                                                      --------         --------    ---------------
Net Cash Used in Operating Activities                     (201)            (362)           (23,009)
                                                      --------         --------    ---------------


Cash Flows from Investing Activities:

      Purchase of Computer Equipment                      --               --               (6,119)
                                                      --------         --------    ---------------



Cash Flows from Financing Activities:

      Common Stock issued for cash                        --               --               30,000
                                                      --------         --------    ---------------


Increase (Decrease) in Cash and Cash Equivalents          (201)            (362)               872

Cash and Cash Equivalents Balance,  Beginning            1,073           16,418               --
                                                      --------         --------    ---------------

Cash and Cash Equivalents Balance,  Ending            $    872         $ 16,056    $           872
                                                      --------         --------    ---------------


Supplemental Disclosures:
      Cash Paid for interest                          $   --           $   --      $          --
                                                      ========         ========    ================

      Cash Paid for income taxes                      $   --           $   --      $          --
                                                      ========         ========    ================
</TABLE>

 The accompanying notes are an integral part of these consolidated financial
                                  statements.


                                       6
<PAGE>


            CHINA HOUSING AND LAND DEVELOPMENT, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                   (UNAUDITED)


Note 1 - Nature of Operations and Summary of Significant Accounting Policies

China  Housing  and  Land  Development,   Inc.   (Formerly,   Pacific  Northwest
Productions Inc.) was incorporated under the laws of the State of Nevada for the
purpose of  converting  VHS  (analog)  videotape  information  to DVD  (digital)
information.  The  Company  was  incorporated  on July 6,  2004 in the  State of
Nevada.

These financial  statements  have been prepared on a going concern basis,  which
implies  the Company  will  continue  to realize  its assets and  discharge  its
liabilities  in the  normal  course of  business.  The  Company  has been in the
initial  organization  stage since  inception  and to date has not generated any
operating  revenues.  The  Company's  ability to continue as a going  concern is
dependent on raising  additional capital to fund future operations or generating
net profits  from its  planned  business  operations  and  ultimately  to attain
profitable operations.  As at March 31, 2006, the Company has accumulated losses
of $30,432 since inception.  The Company anticipates that it might have to raise
additional  funds or seek bank  loans or other  financing  to fund its  business
operations for the next 12 months. Accordingly,  these factors raise substantial
doubt  as to the  Company's  ability  to  continue  as a  going  concern.  These
financial  statements do not include any adjustments to the  recoverability  and
classification of recorded asset amounts and  classification of liabilities that
might be necessary should the Company be unable to continue as a going concern.

Unaudited Interim Financial Statements

The accompanying  unaudited interim  financial  statements have been prepared in
accordance  with United States  generally  accepted  accounting  principles  for
interim  financial  information  and with the  instructions  to Form  10-QSB  of
Regulation S-B. They do not include all  information  and footnotes  required by
United States generally  accepted  accounting  principles for complete financial
statements.  However,  except as  disclosed  herein,  there has been no material
changes in the  information  disclosed in the notes to the financial  statements
for the year ended December 31, 2005 included in the Company's  Annual Report on
Form 10 10-KSB, filed with the Securities and Exchange  Commission.  The interim
unaudited  financial  statements  should  be  read  in  conjunction  with  those
financial  statements included in the Form 10-KSB. In the opinion of Management,
all adjustments considered necessary for a fair presentation,  consisting solely
of normal recurring adjustments, have been made. Operating results for the three
months ended March 31, 2006 are not  necessarily  indicative of the results that
may be expected for the year ending December 31, 2006.

Development Stage Enterprise

The  Company is a  development  stage  enterprise,  as defined in  Statement  of
Financial  Accounting  Standards  ("SFAS") No. 7. The Company is devoting all of
its present  efforts to securing and  establishing  a new business.  Its planned
principal  operations  have not commenced and  accordingly,  no revenue has been
derived during the organizational period.

Use of Estimates

The  preparation  of  financial  statements  in  conformity  with United  States
generally accepted  accounting  principles requires management to make estimates
and assumptions  that affect the reported  amounts of assets and liabilities and
disclosure of  contingent  assets and  liabilities  at the date of the financial
statements,  and the  reported  amounts  of  revenues  and  expenses  during the
reporting  period.  Actual results could differ from those  estimates.


                                       7
<PAGE>


            CHINA HOUSING AND LAND DEVELOPMENT, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                   (UNAUDITED)

Cash and Cash Equivalents

The Company considers all liquid investments, with an original maturity of three
months or less when purchased, to be cash equivalents.

Computer Equipment and Depreciation

Computer  equipment  is recorded  at cost.  Depreciation  is computed  using the
straight-line method with estimated useful lives of three years.

Fair Value of Financial Instruments

In accordance with the  requirements of SFAS No. 107,  management has determined
the  estimated  fair  value of  financial  instruments  using  available  market
information and appropriate valuation methodologies. The fair value of financial
instruments  classified as current  assets or liabilities  approximate  carrying
value due to the short-term maturity of the instruments.

Income Taxes

The Company has adopted the provisions of SFAS No. 109,  "Accounting  for Income
Taxes." The Company accounts for income taxes pursuant to the provisions of SFAS
No. 109, which requires an asset and liability approach to calculating  deferred
income  taxes.  The asset and liability  approach  requires the  recognition  of
deferred tax liabilities and assets for the expected future tax  consequences of
temporary  differences  between the carrying amounts and the tax basis of assets
and liabilities.

Earnings (Loss) per Share


The  Company  computes  net loss per  share in  accordance  with  SFAS No.  128,
"Earnings  per  Share."  SFAS No. 128  requires  presentation  of both basic and
diluted  earnings per share (EPS) on the face of the  statement  of  operations.
Basic  EPS is  computed  by  dividing  net  income  (loss)  available  to common
shareholders  (numerator) by the weighted  average number of shares  outstanding
(denominator)  during the period.  Diluted EPS gives  effect to all  potentially
dilutive  common shares  outstanding  during the period using the treasury stock
method and convertible  preferred stock using the converted method. In computing
diluted EPS, the average stock price for the period is used in  determining  the
number of shares  assumed to be purchased  from the exercise of stock options or
warrants.  Diluted EPS excludes all potentially  dilutive shares if their effect
is anti dilutive.  The Company has not issued any potential dilutive instruments
since inception and accordingly only basic loss per share is presented.

Stock-Based Compensation

The Company  has not  adopted a stock  option plan and has not granted any stock
options. Accordingly no stock-based compensation has been recorded to date.

Comprehensive Income

SFAS No.  130,  "Reporting  Comprehensive  Income,"  establishes  standards  for
reporting  and  presentation  of  comprehensive   income,   its  components  and
accumulated balances.  Comprehensive income is defined to include all changes in
equity except those resulting from  investments by owners and  distributions  to
owners.  Among other  disclosures,  SFAS No.130 requires that all items that are
required to be recognized  under current  accounting  standards as components of
comprehensive income be reported in a financial statement that is presented with
the same prominence as other financial  statements.  The Company has not had any
assets requiring disclosure of comprehensive income.

                                       8
<PAGE>


            CHINA HOUSING AND LAND DEVELOPMENT, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                   (UNAUDITED)

Recent Pronouncements

In May  2005,  the FASB  issued  SFAS No.  154,  "Accounting  Changes  and Error
Corrections."  This  statement  applies to all  voluntary  changes in accounting
principle and requires  retrospective  application to prior  periods'  financial
statements   of  changes  in   accounting   principle,   unless  this  would  be
impracticable.  This statement also makes a distinction  between  "retrospective
application"  of an  accounting  principle  and the  "restatement"  of financial
statements to reflect the  correction of an error.  This  statement is effective
for accounting  changes and corrections of errors made in fiscal years beginning
after December 15, 2005.

In February  2006,  FASB issued SFAS No.  155,  "Accounting  for Certain  Hybrid
Financial  Instruments".  SFAS  No.  155  amends  SFAS No 133,  "Accounting  for
Derivative  Instruments and Hedging  Activities",  and SFAF No. 140, "Accounting
for  Transfers  and  Servicing  of  Financial  Assets  and   Extinguishments  of
Liabilities".  SFAS No. 155,  permits  fair value  remeasurement  for any hybrid
financial  instrument that contains an embedded  derivative that otherwise would
require  bifurcation,  clarifies which  interest-only  strips and principal-only
strips are not  subject  to the  requirements  of SFAS No.  133,  establishes  a
requirement  to evaluate  interest in securitized  financial  assets to identify
interests  that  are  freestanding  derivatives  or that  are  hybrid  financial
instruments that contain an embedded derivative requiring bifurcation, clarifies
that concentrations of credit risk in the form of subordination are not embedded
derivatives,  and  amends  SFAS No.  140 to  eliminate  the  prohibition  on the
qualifying special-purpose entity from holding a derivative financial instrument
that pertains to a beneficial  interest other than another derivative  financial
instrument.  This statement is effective for all financial  instruments acquired
or issued  after the  beginning of the  Company's  first fiscal year that begins
after  September  15, 2006.

In March 2006 FASB  issued  SFAS 156  `Accounting  for  Servicing  of  Financial
Assets' this Statement  amends FASB Statement No. 140,  Accounting for Transfers
and  Servicing of Financial  Assets and  Extinguishments  of  Liabilities,  with
respect  to the  accounting  for  separately  recognized  servicing  assets  and
servicing  liabilities.  This  Statement:

      1.    Requires  an entity to  recognize  a  servicing  asset or  servicing
            liability  each  time it  undertakes  an  obligation  to  service  a
            financial asset by entering into a servicing contract.
      2.    Requires all separately  recognized  servicing  assets and servicing
            liabilities to be initially measured at fair value, if practicable.
      3.    Permits  an entity to choose  `Amortization  method'  or Fair  value
            measurement   method'  for  each  class  of  separately   recognized
            servicing assets and servicing liabilities:
      4.    At its  initial  adoption,  permits a one-time  reclassification  of
            available-for-sale securities to trading securities by entities with
            recognized  servicing  rights,  without  calling  into  question the
            treatment of other  available-for-sale  securities  under  Statement
            115, provided that the available-for-sale  securities are identified
            in some manner as  offsetting  the  entity's  exposure to changes in
            fair  value of  servicing  assets or  servicing  liabilities  that a
            servicer elects to subsequently measure at fair value.
      5.    Requires  separate  presentation  of servicing  assets and servicing
            liabilities  subsequently measured at fair value in the statement of
            financial  position and  additional  disclosures  for all separately
            recognized servicing assets and servicing liabilities.



                                       9
<PAGE>


            CHINA HOUSING AND LAND DEVELOPMENT, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                   (UNAUDITED)

This  Statement is effective as of the beginning of the  Company's  first fiscal
year that  begins  after  September  15,  2006.  Management  believes  that this
statement  will not have a  significant  impact  on the  consolidated  financial
statements.

Note 2 - Common Stock

The Company's authorized  capitalization is 100,000,000 common shares with a par
value of $0.001 per share.

As at March 31, 2006 and to date,  the Company has not granted any stock options
and has not recorded any stock-based compensation.

A total of  8,000,000  shares of the  Company's  common stock were issued to the
founding  officers and directors of the Company  pursuant to stock  subscription
agreements, for total proceeds of $5,000.

A total of 4,000,000  shares of the Company's  common stock were issued pursuant
to stock subscription agreements, for total proceeds of $25,000.

Note 3 - Related Parties

As at March 31,  2006,  included in  accounts  payable is $161 which is due to a
director and is non-interest  bearing,  unsecured and without  specific terms of
repayment.

Note 4 - Income Taxes

The Company has net operating loss carry-forwards of approximately $30,400 which
may be available to offset future  taxable  income.  Due to the  uncertainty  of
realization of these loss  carry-forwards,  a full valuation  allowance has been
provided for this deferred tax asset.

Note 5 - Subsequent Event

On  April  21,  2006,  the  Company  entered  into and  closed a share  purchase
agreement with Xian Tsining Housing  Development Co., Ltd., a corporation formed
under  the  laws of the  People's  Republic  of China  ("Tsining"),  and each of
Tsining's  shareholders (the "Purchase  Agreement").  Pursuant to the Agreement,
the Company acquired all of the issued and outstanding  capital stock of Tsining
from the Tsining  shareholders in exchange for 2,000,000  shares  (pre-split) of
the Company's common stock.

Concurrently  with the  closing of the  Purchase  Agreement  and as a  condition
thereof,  the Company  entered into an agreement  with Deljit Bains and Davinder
Bains,  its executive  officers,  pursuant to which they each  returned  500,000
shares   (pre-split)   of  the  Company's   common  stock  to  the  Company  for
cancellation. They were not compensated in any way for the cancellation of their
shares  of  the  Company's  common  stock.  Upon  completion  of  the  foregoing
transactions,  the Company had an aggregate of 2,500,000  shares  (pre-split) of
common  stock issued and  outstanding.  The shares of common stock issued to the
shareholders  of  Tsining  were  issued  in  reliance  upon the  exemption  from
registration  provided by  Regulation  S under the  Securities  Act of 1933,  as
amended.

On May 5,  2006,  the  company's  name  was  changed  to  China  Housing  & Land
Development, Inc. from its previous name, Pacific Northwest Productions Inc. The
company has declared a stock dividend  payable on May 5, 2006 of seven shares of
common stock for each share of its common stock outstanding.  The stock dividend
is payable on May 5 to all record  holders on May 2, 2006.  China  Housing has a
total of 20,000,000 shares of common stock (fully diluted) outstanding after the
stock dividend.

                                       10
<PAGE>


            CHINA HOUSING AND LAND DEVELOPMENT, INC. AND SUBSIDIARIES
                          NOTES TO FINANCIAL STATEMENTS
                                   (UNAUDITED)

The  exchange  of  shares  with  Tsining  will  be  accounted  for as a  reverse
acquisition  under the purchase method of accounting  since the  shareholders of
the Tsining obtained control of the Company.  Accordingly, the merger of the two
companies has been recorded as a recapitalization of Tsining, with Tsining being
treated as the continuing entity.

Unaudited   consolidated  revenue  and  net  income  of  China  Housing  &  Land
Development,  Inc. and Tsining for the three month  periods ended March 31, 2006
are as follows:

                                     Three month periods ended March 31, 2006
                                     ----------------------------------------
                                                   (Unaudited)
        Revenue                                  $   17,276,000
        Net income for the period                $    3,119,000
        Earning per share                        $     0.16



                                       11
<PAGE>


Item 2.    Management's Discussion and Analysis or Plan of Operations

INTRODUCTION

This document  contains  certain  forward-looking  statements  including,  among
others,  anticipated trends in our financial condition and results of operations
and our business  strategy.  (See "Factors  Which May Affect  Future  Results").
These  forward-looking  statements are based largely on our current expectations
and are subject to a number of risks and  uncertainties.  Actual  results  could
differ materially from these  forward-looking  statements.  Important factors to
consider in evaluating such  forward-looking  statements  include (i) changes in
external factors or in our internal  budgeting process which might impact trends
in our results of operations;  (ii) unanticipated  working capital or other cash
requirements;  (iii) changes in our business strategy or an inability to execute
our strategy due to unanticipated changes in the industries in which the Company
operates;  and (iv) various  competitive market factors that may prevent us from
competing successfully in the marketplace.

Results of Operations

Three Months  Ended March 31, 2006  compared to the Three Months Ended March 31,
2005

      We are a  development  stage  company  and as of March 31, 2006 we had not
generated  any revenues  since  inception.  We had  commenced  limited  business
operations  and  were  currently  developing  our  business.   We  were  in  the
development  stage and,  during the three month period ended March 31, 2006, had
not realized any income.

      Total expenses were $711 for the three months ended March 31, 2006,  which
consisted of office and general  expense of $201 and  depreciation  of $510,  as
compared to $2,097 for the period ended March 31, 2005,  all of which  consisted
of office and general expense.

      Net loss was $711 or $0.00 per share for the three  months ended March 31,
2006 as compared to a net loss of $2,097 or $0.00 per share for the period ended
March 31, 2005. We have  incurred a net loss of $30,432 since  inception on July
6, 2004.

Liquidity and Capital Resources

      At March 31, 2006, we had $872 in cash in the bank and computer  equipment
in the amount of $3,399,  net of accumulated  depreciation of $2,720.  Our total
assets were $4,271 at March 31, 2006.

      Our accounts  payable and total  liabilities at March 31, 2006 were $4,703
resulting from general administration of our business.

      Net cash used in operating activities for the three months ended March 31,
2006 was $201.

      Our stockholders' equity was $(432) at March 31, 2006.

      There was no cash  provided by financing or investing  activities  for the
three months ended March 31, 2006.

      Subsequent to March 31, 2006, we have completed a share purchase agreement
explained  in the  notes  to the  unaudited  consolidated  financial  statements
contained  herein.  While we believe our current  capital will be  sufficient to
sustain  operations  until December 31, 2006 without having to raise  additional
capital or seek bank or other loans, there can be no guarantee that we will have
sufficient  capital or will be able to obtain sufficient capital to meet our new
expenditures   for  our  planned   acquisitions   of  land  and  the  subsequent
construction and development of the land we acquire, as and when needed.



                                       12
<PAGE>


Off-Balance Sheet Arrangements

We  have  no  off-balance  sheet   arrangements  or  contractual  or  commercial
commitments..

Critical Accounting Policies

      Management's  discussion  and  analysis  of our  financial  condition  and
results of operations are based on the financial  statements  which are prepared
in accordance with accounting principles generally accepted in the United States
of America.  The preparation of such financial statements requires Management to
make  estimates  and  assumptions  that affect the  reported  amounts of assets,
liabilities,  revenues and expenses and related  disclosure of contingent assets
and liabilities. On an ongoing basis, Management will evaluate its estimates and
will base its  estimates on historical  experience,  as well as on various other
assumptions  in light of the  circumstances  surrounding  the estimate,  and the
results will form the basis in making judgments about the carrying values of our
assets and  liabilities  that are not readily  apparent from other  sources.  It
should be noted,  however,  that actual results could materially differ from the
amount  derived from  Management's  estimates  under  different  assumptions  or
conditions.

      Although all of our operations to March 31, 2006 have been in Canada,  our
functional currency is the United States dollar and we have also used the United
States dollar as our reporting  currency for consistency with registrants of the
Securities  and Exchange  Commission.  Assets and  liabilities  denominated in a
foreign currency are translated at the exchange rate in effect at the period end
and capital  accounts are  translated  at  historical  rates.  Income  statement
accounts are translated at the average rates of exchange  prevailing  during the
period.  Translation  adjustments from the use of different  exchange rates from
period  to  period  are  included  in  the   comprehensive   income  account  in
stockholder's equity, if applicable.

      Loss per share is computed  using the  weighted  average  number of common
stock  outstanding  during the period.  Diluted loss per share is computed using
the weighted  average  number of common and  potentially  dilutive  common stock
outstanding during the period reported.

      Our  Management  does not believe  that any recently  issued,  but not yet
effective  accounting  standards  if  currently  adopted,  would have a material
effect  on the  our  current  financial  statements.  Because  we  are a  small,
development stage company, with only three directors,  we have not yet appointed
an audit committee or any other committee of our Board of Directors.


Item 3.    Controls and Procedures

      Under  the  supervision  and with  the  participation  of our  management,
including our principal  executive officer and the principal  financial officer,
we have conducted an evaluation of the effectiveness of the design and operation
of our disclosure  controls and  procedures,  as defined in Rules  13a-15(e) and
15d-15(e) under the Securities Exchange Act of 1934, as of the end of the period
covered  by this  report.  Based on this  evaluation,  our  principal  executive
officer and principal financial officer concluded as of the evaluation date that
our  disclosure  controls and  procedures  were effective such that the material
information  required to be included in our Securities  and Exchange  Commission
reports is recorded, processed,  summarized and reported within the time periods
specified  in SEC  rules  and  forms  relating  to our  company,  including  any
consolidating  subsidiaries,  and was made  known to us by others  within  those
entities, particularly during the period when this report was being prepared.



                                       13
<PAGE>


      The  Company's  Form  10-QSB  for the  quarter  ended  March 31,  2006 was
erroneously filed without completion of the review by the Company's auditors. As
a result,  we have made  changes  in our  internal  controls  subsequent  to the
evaluation date. We have required a final written approval of the Company or its
representatives and the Company's auditors before any quarterly report, year end
report or registration statement can be filed. Other than the foregoing, we have
not  identified  any  significant  deficiencies  or material  weaknesses  in our
internal controls, and therefore there were no further corrective actions taken.

Part II.   OTHER INFORMATION

Item 1.    Legal Proceedings

None.

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3.    Defaults Upon Senior Securities

None.

Item 4.    Submission of Matters to a Vote of Security Holders

None.

Item 5.    Other Information

None.

Item 6.    Exhibits

(a) Exhibits

Exhibit Number    Description of Exhibit

31.1              Certification of Principal  Executive Officer pursuant to Rule
                  13a-14 and Rule  15d-14(a),  promulgated  under the Securities
                  and Exchange Act of 1934,  as amended

31.2              Certification of Principal  Financial Officer pursuant to Rule
                  13a-14 and Rule 15d 14(a),  promulgated  under the  Securities
                  and  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)


                                       14
<PAGE>


                                   SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.





                                      China Housing and Land Development, Inc.


          May 18, 2006                By:   /s/ Lu Pingji
                                            ------------------------------------
                                            Lu Pingji
                                            Chief Executive Officer (Principal
                                            Executive Officer)




          May 18, 2006                By:   /s/ Wan Yulong
                                            ------------------------------------
                                            Wan Yulong
                                            Chief Financial Officer
                                            (Principal Financial and Accounting
                                            Officer)




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