U. S.
Securities and Exchange Commission


Washington,
D. C. 20549





FORM
10-QSB





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





For the quarterly
period ended March 31, 2008





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


For the transition
period from _____ to _____





Commission
File No. 0-52496





CHINA JIANYE FUEL,
INC.


(Name of
Small Business Issuer in its Charter)










Delaware
            20-8296010(State or Other
      Jurisdiction of incorporation or organization)
            (I.R.S. Employer
      I.D. No.)






100 Wall Street, 15thFloor, New
York, NY 10005


(Address
of Principal Executive Offices)





Issuer's
Telephone Number: (212) 232-0120








Indicate  by
check mark  whether the  Registrant  (1) has filed
all reports required to be filed by Sections 13 or 15(d) of
the  Securities Exchange Act of
1934  during  the  preceding  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.





YesX                  No





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





APPLICABLE
ONLY TO CORPORATE ISSUERS:  Indicate the number of shares outstanding
of each of the Registrant's classes of common stock, as of the latest
practicable date:


May 20,
2008


Common
Voting Stock:  29,976,923





Transitional
Small Business Disclosure Format (check
one):                 Yes           NoX










CHINA
JIANYE FUEL, INC





CONSOLIDATED
BALANCE SHEET





ASSETS








March 31,2008(unaudited)CURRENT
      ASSETSCash and cash
      equivalents
            
            $
            118,879Accounts receivable, net of
      allowance of $37,732
            
            
            7,508,691Advances to
    suppliers
            
            
            1,087,582Inventory
            
            
            620,254Prepaid
      expense
            
            
            299,880Other current
    assets
            
            
            126,023Total Current
    Assets
            
            
            9,761,309PROPERTY
      AND EQUIPMENT, NET
            
            
            2,780,529OTHER
      ASSETSIntangibles, net
            
            
            61,353Deferred production costs,
      net
            
            
            262,573Total Other
Assets
            
            
            323,926Total Assets
            
            $
            12,865,764LIABILITIES
      AND STOCKHOLDERS’ EQUITYCURRENT
      LIABILITIESAccounts payable and accrued
      expenses
            
            $
            2,997,918VAT tax payable
            
            
            424,716Deferred
      revenue
            
            
            4,320Total Current
      Liabilities
            
            
            3,426,954STOCKHOLDERS’
      EQUITYCommon Stock, $0.001 par value,
      29,976,923 shares issuedand
      outstanding
            
            
            29,977Additional paid-in
      capital
            
            
            6,355,473Retained earnings
            
            
            2,448,415Accumulated other comprehensive
      income
            
            
            604,945Total Stockholders’
      Equity
            
            
            9,438,810Total Liabilities and
      Stockholders' Equity
            
            $
            12,865,764,











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





1


CHINA
JIANYE FUEL, INC





CONSOLIDATED
STATEMENTS OF OPERATIONS





AND
COMPREHENSIVE INCOME





The
      Three Months Ended
            
            
            The
      Nine Months EndedMarch 31,
            
            
            March 31,2008
            
            
            2007
            
            
            2008
            
            
            2007(unaudited)
            
            
            (unaudited)SALES
            
            $
            3,249,795
            
            
            $
            6,010
            
            
            $
            6,705,173
            
            
            $
            116,
      199COST
      OF GOODS SOLD
            
            
            2,655,469
            
            
            
            3,338
            
            
            
            3,985,519
            
            
            
            64,530GROSS
      PROFIT
            
            
            594,326
            
            
            
            2,672
            
            
            
            2,719,654
            
            
            
            51,669EXPENSESSelling, general and
      administrative
            
            
            229,642
            
            
            
            38,429
            
            
            
            270,264
            
            
            
            129,594INCOME
      FROM OPERATIONS
            
            
            364,684
            
            
            
            (35,757
            )
            
            
            2,449,390
            
            
            
            (77,925
            )OTHER
      INCOME (EXPENSES)
            
            
            -
            
            
            
            (4,497
            )
            
            
            -
            
            
            
            (46,666
            )INCOME
      BEFORE PROVISION FOR
            
            
            364,684
            
            
            
            (40,254
            )
            
            
            2,449,390
            
            
            
            (124,591
            )INCOME
      TAXPROVISION
      FOR INCOME TAX
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            -NET
      INCOME
            
            
            364,684
            
            
            
            (40,254
            )
            
            
            2,449,390
            
            
            
            (124,591
            )OTHER
      COMPREHENSIVE INCOMEForeign currency translation
      adjustment
            
            
            357,422
            
            
            
            131,418
            
            
            
            673,122
            
            
            
            252,518COMPREHENSIVE
      INCOME
            
            $
            722,106
            
            
            $
            91,164
            
            
            $
            3,122,512
            
            
            $
            127,927BASIC
      EARNINGS PER SHARE
            
            $
            .01
            
            
            $
            -
            
            
            $
            .11
            
            
            $
            -DILUTED
      EARNINGS PER SHARE
            
            $
            .01
            
            
            $
            -
            
            
            $
            .11
            
            
            $
            -WEIGHTED
      AVERAGESHARES
      OUTSTANDINGBASIC
            
            
            24,314,615
            
            
            
            -
            
            
            
            23,046,211
            
            
            
            -DILUTED
            
            
            24,314,615
            
            
            
            -
            
            
            
            23,046,211
            
            
            
            -








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





2


CHINA
JIANYE FUEL, INC





CONSOLIDATED
STATEMENTS OF CASH FLOWS





For
      the Nine Months EndedMarch 31,2008
            
            
            2007(unaudited)
            
            
            (unaudited)CASH
      FLOWS FROM OPERATING ACTIVITIESNet
      Income
            
            $
            2,449,390
            
            
            $
            (124,591
            )Adjustments
      to reconcile net loss to net cash provided(used)
      by operating activities:Bad debt expense
            
            
            35,840
            
            
            
            -Depreciation and
      amortization
            
            
            167,906
            
            
            
            77,760Deferred depreciation
      expense
            
            
            1,119
            
            
            
            (24,964
            )Changes in current assets and
      current liabilities:Accounts
      receivable
            
            
            (7,168,045
            )
            
            
            -Advances
      to suppliers
            
            
            1,679,749
            
            
            
            (1,453,349
            )Inventory
            
            
            (423,088
            )
            
            
            (8,114
            )Inter
      company and related party
            
            
            (142,599
            )
            
            
            44,785Prepaid
      expense
            
            
            (284,844
            )Other
      current assets
            
            
            (67,466
            )
            
            
            -Accounts
      payable and accrued expenses
            
            
            2,781,581
            
            
            
            55,588Due
      to shareholders
            
            
            15,778
            
            
            
            11,900Deferred
      revenue
            
            
            4,103VAT
      tax payable
            
            
            422,955
            
            
            
            (12,212
            )Other
      current liabilities
            
            
            (123,852
            )
            
            
            (4,937
            )Total
      Adjustments
            
            
            (3,100,863
            )
            
            
            (1,313,543
            )Net
      Cash Provided by Operating Activities
            
            
            (651,473
            )
            
            
            (1,438,134
            )CASH
      FLOWS FROM INVESTING ACTIVITIESAcquisition of property and
      equipment
            
            
            (29,725
            )
            
            
            (20,895
            )-Net Cash Used by Investing
      Activities
            
            
            (29,725
            )
            
            
            (20,895
            )CASH
      FLOWS FROM FINANCING ACTIVITIESProceeds from capital
      contributions
            
            
            793,538
            
            
            
            2,546,600Net Cash Provided by Financing
      Activities
            
            
            793,538
            
            
            
            2,546,600EFFECT
      OF FOREIGN CURRENCY TRANSLATION ON CASH
            
            
            5,978
            
            
            
            24,325NET
      INCREASE IN CASH AND CASH EQUIVALENTS
            
            
            118,318
            
            
            
            1,111,885CASH
      AND CASH EQUIVALENTS – BEGINNING
            
            
            561
            
            
            
            728CASH
      AND CASH EQUIVALENTS – ENDING
            
            $
            118,879
            
            
            $
            1,112,613








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











NOTE
1 – ORGANIZATION AND DESCRIPTION OF BUSINESS





China
Jianye Fuel Inc. (“the Company”) is a manufacturer and distributor of
alternative fuel for automobile use.  The Company was incorporated as
Standard Commerce, Inc. (“Standard Commerce”) in December 1994 in Nevada. On
November 13, 2007, Standard Commerce acquired the outstanding capital stock of
American Jianye Ethanol Company, Inc., a Delaware corporation (“American
Jianye”) and changed its name to China Jianye Fuel Inc. For accounting purposes,
the acquisition was treated as a recapitalization of American
Jianye.  American Jianye is a holding company that owns 100% of Zhao
Dong Jianye Fuel Co., Ltd. (“Zhao Dong Jianye Fuel”), a corporation organized
under the laws of The People’s Republic of China.  Zhao Dong Jianye Fuel is
engaged in the business of manufacturing and marketing ethanol and methanol for
use as automobile fuel in The People’s Republic of China.





NOTE
2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES





The
accompanying unaudited financial statements have been prepared in accordance
with generally accepted accounting principals (GAAP) applicable to interim
financial information and with the requirements of Form 10-QSB and Item 310 of
Regulation S-B of the Securities and Exchange Commission. Accordingly, they do
not include all of the information and footnotes required by accounting
principles generally accepted in the United States of America for complete
financial statements. Interim results are not necessarily indicative of results
for a full year. In the opinion of management, all adjustments considered
necessary for a fair presentation of the financial position and the results of
operations and cash flows for the interim periods have been
included.





BASIS
OF PRESENTATION





The
accompanying unaudited financial statements include the accounts of China Jianye
and its subsidiary, after elimination of all material inter-company accounts,
transactions, and profits.  Results of operations for the three and
nine months ended March 31, 2008 were presented here for comparative purposes
only.





RECENT
ACCOUNTING PRONOUNCEMENTS





In
September 2006, the FASB issued SFAS No.157, “Fair Value Measurements” (SFAS
157), which provides guidance for how companies should measure fair value when
required to use a fair value measurement for recognition or disclosure purposes
under generally accepted accounting principles (GAAP). SFAS 157 is effective for
fiscal years beginning after November 15, 2007. The Company is currently
assessing the impact, if any, that the adoption of SFAS 157 will have on its
financial statements.





NOTE
3 – ADVANCES TO SUPPLIERS





As a
common business practice in China, the Company is required to make advance
payments to certain suppliers for construction.  Such advances are
interest-free and unsecured.
















NOTE
4 – INVENTORY





Inventory
at March 31, 2008 consisted of the following:


Raw
      materials
            
            $
            565,478Packaging
      supplies
            
            
            20,447Finished
      goods
            
            
            34,329Total
            
            $
            620,254





NOTE
4 – PROPERTY AND
EQUIPMENT





Property
and equipment at March 31, 2008 consisted of the following:





Buildings
            
            $
            1,453,017Machinery
      and equipment
            
            
            1,815,294Subtotal
            
            
            3,268,311Less:
      Accumulated depreciation
            
            
            487,782Total
            
            $
            2,780,529


Depreciation
expense for the nine months ended March 31, 2008 and 2007 amounted to $166,484
and $76,759, respectively





NOTE
6– INTANGIBLE ASSETS





Net
intangible assets at March 31, 2008 consisted of the following:





Rights
      to use land
            
            $
            71,828Less:
      accumulated amortization
            
            
            10,475Total
            
            $
            61,353


Amortization
expense for the nine months ended March 31, 2008 and 2007 amounted
to $1,422 and $1,001, respectively.





NOTE   7
– DEFERRED PRODUCTION COSTS





The
deferred production cost represents depreciation taken on factory building and
manufacturing equipment. In accordance with SFAS 7 “Accounting and Reporting by
Development Stage Enterprises”, the production cost is capitalized and will be
amortized over a period not greater than 5 years once normal operations
commence. Net deferred production costs at March 31, 2008 were as
follows:





Deferred
      production costs
            
            $
            291,749Less:
      accumulated amortization
            
            
            29,176Total
            
            $
            262,573





Amortization
expense for the nine months ended March 31, 2008 and 2007 amounted
to $27,712 and $-0-, respectively













NOTE
8 – RELATED PARTY TRANSACTONS





The
Company and its affiliated entities constantly borrow money from each
other.  The balance due to these entities at March 31, 2008 was
$0.





NOTE
9 – DUE TO SHAREHOLDERS





Loans
from shareholders are short-term in nature, payable on demand, unsecured and
non-interest bearing.





NOTE
10 – EMPLOYEE WELFARE PLAN





The
Company has established an employee welfare plan in accordance with Chinese law
and regulations. The Company makes annual contributions of 14% of all employees'
salaries to the employee welfare plan.


NOTE 11 – RISK
FACTORS





The
Company had one major vendor who provided approximately 78% of the Company’s raw
materials for the nine months ended March 31, 2008. Total purchase from this
vendor was $3,596,047 for the nine months ended March 31, 2008.





One major
customer accounted for approximately 98% of the net revenue for the nine months
ended March 31, 2008. Total sales to this customer were $6,580,279 for the nine
months ended March 31, 2008.





The
Company's operations are carried out in the PRC. Accordingly, the Company's
business, financial condition and results of operations may be influenced by the
political, economic and legal environments in the PRC as well as by the general
state of the PRC’s economy. The Company's business may be influenced by changes
in governmental policies with respect to laws and regulations, anti-inflationary
measures, currency conversion and remittance abroad, and rates and methods of
taxation, among other things.





NOTE
12 - CONCENTRATIONS OF CREDIT RISK





Financial
instruments which potentially subject the Company to credit risk consist
principally of cash on deposit with a financial institution of
$118,879.





NOTE
13 - SUBSEQUENT EVENTS





None.











6


ITEM
2.                      MANAGEMENT’S
DISCUSSION AND ANALYSIS





The
Reverse Merger
  During the two years preceding
November 13, 2007 Standard Commerce, Inc. was a shell corporation, with no
significant assets and no business operations.  On November 13, 2007
Standard Commerce acquired Zhao Dong Jianye Fuel Co., Ltd. (“Zhao Dong Jianye
Fuel”), a corporation organized under the laws of The People’s Republic of
China.  In exchange for Zhao Dong Jianye Fuel, Standard Commerce
issued 189,901,500 shares of its common stock, representing 97.46% of the
outstanding shares of Standard Commerce.  Subsequently, Standard
Commerce, Inc. changed its name to “China Jianye Fuel, Inc.”
  Zhao Dong Jianye Fuel was
founded in April 2004 under the laws of the People’s Republic of China with
registered capital of RMB 9 million Yuan (US$1.1 million). The Company is
located at 47 Huagong Road, Zhaodong City, Heilongjiang Province, in
northeastern China. Zhao Dong Ye Fuel engages in the development, manufacture,
and distribution of alcohol based automobile fuel.  The Company’s
products are designed to function as a lower-cost, more environmentally friendly
alternative to conventional gasoline-based auto fuel
  Zhao
Dong Jianye Fuel was among the first China-based fuel manufacturers to bring to
market alcohol-based automobile fuel. Alcohol fuel is an attractive alternative
to gasoline for several reasons, including its environmental
benefits.  Alcohol-based fuel burns with higher efficiency and
significantly lower toxic waste emissions than any lead-free gasoline that meets
China’s national GB17930-1999 fuel quality standards. With its average total
toxic waste emission level being only 1% of the maximum toxic emission level
mandated by the Chinese industry regulators, the quality of alcohol fuel is on
par with or exceeds the international fuel quality standards for Type IV
lead-free gasoline. In addition, due to the lower costs of the raw materials
used in the manufacture process, the average integrated cost of such fuels is
only about 4,000-4,150 Renminbi (“RMB”) ($540-560) per ton, lower than the
prevailing wholesale price of #93 lead-free gasoline in China by as much as
1,000 RMB ($135) per ton.
  Zhao
Dong Jianye Fuel has, since its formation, been engaged in developing its
products and its refinery.  The Company now has a facility capable of
producing 300,000 tons of fuel annually, and has developed the core staff needed
for full production operations.  The Company is currently capable of
producing alcohol-based fuels comparable to lead-free gasoline with octane
ratings ranging from #90 to #98. The Company’s products include both
ethanol-based fuels (E10, E30, E50, E60, E70, E80 and E85), and methanol-based
fuels (M10, M30, M50, M60, M70, M80 and M85), although the primary focus of its
business plan is on methanol-based fuels due to their environmental and economic
advantages. Recently the Company has also been engaged in research and
development of methanol/ethanol blended fuels, including ME80 and
ME85.
  Results
of Operations
  Zhao Dong Jianye Fuel commenced
operations in 2004.  Until the current year, however, its activities
were essentially developmental.  Its research and development efforts
have led to the development of a series of fuel products and the award of
several patents.  With funds provided by its Chairman, Jianye Wang, it
has developed a state-of-the-art refinery for the production of methanol-based
fuels.  And it has organized a staff of engineers, managers and sales
professionals that will be able to support its full-scale entry into the fuel
market.
  Until this year the Company’s
revenue-producing activities had been incidental to the company’s research and
development activities.  Prior to September 30, 2007, Zhao Dong Jianye
Fuel sold modest amounts of fuel to a variety of customers, primarily to (a)
develop the channels through which it will market when it commences full scale
production and (b) introduce new products to those markets for testing and
publicity.  In the fiscal year ended June 30, 2006 this incidental
marketing effort generated $541,103 in revenue.  In the most recent
fiscal year, which ended on June 30, 2007, Zhao Dong Jianye Fuel suspended most
of its revenue-producing activities in order to focus on internal organization
activities.  As a result, during the nine months ended March 31, 2007,
no revenue was generated – in fact the company incurred negative sales due to a
refund granted during the quarter.  Likewise, during the three months
ended March 31, 2007 only $6,010 in revenue was generated.
  During the quarter ended
December 31, 2007, however, Zhao Dong Jianye Fuel recorded its first significant
revenue - $3,449,434.  This occurred because Zhao Dong Jianye Fuel
completed a sale and delivery of fuel additives to Zhanjiang Runtong Trading
Corp.  In the quarter ended March 31, 2008 we realized an additional
$3,249,795 in revenue, almost all of which was the result of a sale of fuel
additives to another customer.  These two sales represented
approximately 98% of our revenues for the nine months ended March 31,
2008.  Zhanjiang Runtong Trading Corp. and the other customer are
unrelated third parties, and the transactions were the result of arms length
negotiation.  The transactions, however, are not characteristic of the
Company’s business plan, which contemplates the sale of fuel, with fuel additive
transactions as only an occasional ancillary revenue stream.
  The recent sales of additives
were profitable, leading to gross margin of 18% for the quarter and 41% for the
nine months ended March 31, 2008.  Again, however, these sales are not
characteristics of the fuel sales that we expect to be the primary business of
our Company.  In no prior period, when we were selling small
quantities of fuel, did the Company generate any significant amount of gross
profit – in the 2007 fiscal year, it generated negative gross
profit.  The primary reason for the lack of gross profit is the
inefficiency of the small batch processing of fuel that the company is currently
engaged in for testing purposes.  Both the primary raw materials and
our final products are highly evaporative liquids, whose properties are
substantially affected by the atmospheric conditions. In order to minimize
storage loss, we must make frequent purchases of raw materials in relatively
small quantities. These have led to relatively high unit costs for raw
materials.  At the same time, we must deliver our products promptly
after production or they are affected by evaporation.  This
necessitates shipping methods that are relatively high cost when applied to
small quantities of fuel.  Both of these factors made our preliminary
operations inefficient and unprofitable, except for our sales of fuel
additives.
  When we commence full scale
production, we expect our gross profit margin to be significantly higher than
that which is customary for refiners of petroleum-based fuels.  This
should occur because the market price of the raw materials for methanol-based
fuels (i.e.  methanol and petroleum distillate) are substantially
lower than the market price for gasoline.  At current market prices,
we believe that we will be able to produce methanol-based fuel for $27 to $40
per ton less than the prevailing cost of refining gasoline with comparable
octane levels.  The price advantage can only be achieved, however,
when we produce our fuels in quantities that make efficient use of our refinery
and ship it in quantities that enable us to obtain wholesale shipping
charges.  Those conditions will be achieved only after we obtain the
funds necessary to bring our operations up to the full production
level.
  Our selling, general and
administrative expenses remained relatively modest (4.8% of sales) in the nine
months ended March 31, 2008, primarily because almost all of our revenue came
from two customers.  When we commence full-scale production, these
expenses will increase significantly, primarily due to (a) increased staff
required for production and marketing, (b) increased selling expense required to
develop and expanded market for our products, and (c) increased depreciation
expense.  Currently, we only depreciate the portion of our facility
that has been put into active use.  The denominator for our
depreciation calculation will increase when our entire facility is engaged in
production.
  During the last two fiscal
years, as we organized our business, our net loss remained modest, despite our
lack of gross profit.  In fiscal 2007 we realized a net loss of
$58,111.  Our net loss for fiscal 2006 was $91,261.  For the
nine month period ended March 31, 2008 we recorded net income of $2,449,390 as a
result of the sale of fuel additives.  During the same period,
however, we realized a net loss of $651,473 in cash from operations, as neither
of our major customers has paid any significant portion of the purchase price
for the additives it purchased.  The primary factor enabling us to
reach our current condition without incurring large losses and to carry on
operations with minimal cash flow was the willingness of our shareholders to
serve our company for minimal compensation and the fact that our creditors are
tolerating an increase in our accounts payable.
  Our business operates primarily
in Chinese Renminbi (“RMB”), but we report our results in our SEC filings in
U.S. Dollars.  The conversion of our accounts from RMB to Dollars
results in translation adjustments.  While our net income is added to
the retained earnings on our balance sheet; the translation adjustments are
added to a line item on our balance sheet labeled “accumulated other
comprehensive income,” since it is more reflective of changes in the relative
values of U.S. and Chinese currencies than of the success of our
business.  During the nine months ended March 31, 2008, the effect of
converting our financial results to Dollars was to add $673,122 to our
accumulated other comprehensive income.
  Liquidity
and Capital Resources
  Our operations to date have been
funded primarily by capital contributions and short-term loans from our
Chairman, Jianye Wang, which have been adequate to bring us to the point where
we are prepared to commence full scale production.
  Our working capital at March 31,
2008 totaled $6,334,355.  Included in our working capital, however,
was $7,508,691 in accounts receivable, almost all of which is owed by Zhanjiang
Runtong Trading Corp.  We are not certain of the payment date for that
receivable.  Also included in working capital was an advance payment
to Qinhuangdao Far East Petroleum Refinery Co., Ltd. in the amount of
$1,087,582.  The recipient of this advance payment will be our primary
source of petroleum distillate, and we made this payment in accord with Chinese
custom, to enable the refinery to expand its production capacity in anticipation
of doing a large amount of business with us.  We have, therefore, only
a small amount of liquid assets.
  In order to commence full scale
operations, we will need approximately $4,000,000 to purchase raw materials and
fund our initial receivables.  On our March 31, 2008 balance sheet, we
have property and equipment with a book value of $2,780,529 on which there is no
lien.  We expect that some amount of the funds that we require can be
obtained by pledging those assets to secure a loan.  The remainder,
however, will be obtained from the sale of equity.  To date we have no
commitment from any source for either debt or equity
financing.
   Off-Balance Sheet
Arrangements
  We
do not have any off-balance sheet arrangements that have or are reasonably
likely to have a current or future effect on our financial condition or results
of operations.
  7


ITEM
3.  CONTROLS AND PROCEDURES





Evaluation of Disclosure Controls
and Procedures.  Jianye Wang, our Chief Executive Officer and
Chief Financial Officer, carried out an evaluation of the effectiveness of the
Company’s disclosure controls and procedures as of March 31,
2008.  Pursuant to Rule13a-15(e) promulgated by the Securities and
Exchange Commission pursuant to the Securities Exchange Act of 1934, “disclosure
controls and procedures” means controls and other procedures that are designed
to insure that information required to be disclosed by the Company in the
reports that it files with the Securities and Exchange Commission is recorded,
processed, summarized and reported within the time limits specified in the
Commission’s rules.  “Disclosure controls and procedures” include,
without limitation, controls and procedures designed to insure that information
the Company is required to disclose in the reports it files with the Commission
is accumulated and communicated to our Chief Executive Officer and Chief
Financial Officer as appropriate to allow timely decisions regarding required
disclosure.  Based on his evaluation, Jianye Wang concluded that the
Company’s system of disclosure controls and procedures was effective as of March
31, 2008 for the purposes described in this paragraph.





Changes in Internal
Controls.  There was no change in internal controls over
financial reporting (as defined in Rule 13a-15(f) promulgated under the
Securities Exchange Act or 1934) identified in connection with the evaluation
described in the preceding paragraph that occurred during the Company’s third
fiscal quarter that has materially affected or is reasonably likely to
materially affect the Company’s internal control over financial
reporting.





PART
II   -   OTHER INFORMATION




Item
6.                 Exhibits




31
            Rule
      13a-14(a) Certification32
            Rule
      13a-14(b) Certification






SIGNATURES





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











CHINA
      JIANYE FUEL, INC.





Date:
      May 20, 2008
            By:
      /s/ Jianye
      Wang





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