| [X] | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|-----|-----------------------------------------------------------------------------------------|

| [   ] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|----------------------|------------------------------------------------------------------------------------------|

| Nevada(State or other jurisdiction ofincorporation or organization)  | 87-0450232(IRS Employer Identification No.)  |
|---------------------------------------------------------------------------|---------------------------------------------------|

----

|     |                                                                                                                                | Page      |
|----------|-------------------------------------------------------------------------------------------------------------------------------------|-----------|
| PART I.  | Item 1.  Financial Information                                                                                            |   3  |
|     |                                                                                                                                |      |
|     |     Balance Sheet as of June 30, 2012 (Unaudited) and December 31, 2011                                         |   3  |
|     |                                                                                                                                |      |
|     |     Statements of Operations for the Three-Month and Six-Month Periods Ended June 30, 2012 and 2011 (Unaudited) |   4  |
|     |                                                                                                                                |      |
|     |     Statements of Cash Flows for the Six-Month Periods Ended June 30, 2012 and 2011 (Unaudited)                 |   5  |
|     |                                                                                                                                |      |
|     |     Notes to the Financial Statements                                                                           |   6  |
|     |                                                                                                                                |      |
|     | Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations                      |   13 |
|     |                                                                                                                                |      |
|     | Item 3.  Quantitative and Qualitative Disclosures About Market Risk                                                       |   14 |
|     |                                                                                                                                |      |
|     | Item 4.  Controls and Procedures                                                                                          |   14 |
|     |                                                                                                                                |      |
| PART II. | Other Information                                                                                                                   |   15 |
|     |                                                                                                                                |      |
|     | Item 6.  Exhibits                                                                                                         |   15 |
|     |                                                                                                                                |      |
|     | Signatures                                                                                                                          |   16 |

----

| GREAT CHINA INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIES                                            |
|------------------------------------------------------------------------------------------------------|
|  CONSOLIDATED CONDENSED BALANCE SHEETS                                                          |
| AS OF June 30, 2012 AND DECEMBER 31, 2011                                                            |
| (UNAUDITED)                                                                                          |
|                                                                                                 |   |   |   |   |   |   |   |
|                                                                                                 |   |   |    June 30, 2012 |   |    December 31, 2011 |
|                                                                                                 |   |   |   |   |   |   |   |
|  ASSETS                                                                                         |
|                                                                                                 |   |   |   |   |   |   |   |
|  Current assets:                                                                                |   |   |   |   |   |
|                                                                                                 |  Cash and cash equivalents | $  |                    6,375,607 |   | $  |                  6,294,500 |
|                                                                                                 |  Accounts receivable, net |   |                         245,055 |   |   |                            12,782 |
|                                                                                                 |  Other receivable, net |   |                          285,738 |   |   |                          233,634 |
|                                                                                                 |   |   |   |   |   |   |   |
|                                                                                                 |   |  Total current assets |   |                      6,906,400 |   |   |                      6,540,916 |
|                                                                                                 |   |   |   |   |   |   |   |
|  Long-term loan receivable                                                                      |   |                      4,769,400 |   |   |                      5,131,953 |
|  Property and equipment, net                                                                    |   |                          266,346 |   |   |                          313,679 |
|  Rental property, net                                                                           |   |                    47,371,112 |   |   |                49,420,220 |
|                                                                                                 |   |   |   |   |   |
|  Total assets                                                                                   | $  |               59,313,258 |   | $  |               61,406,768 |
|                                                                                                 |   |   |   |   |   |   |   |
|  LIABILITIES AND STOCKHOLDERS' EQUITY                                                           |
|                                                                                                 |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |
|  Current liabilities:                                                                           |   |   |   |   |   |
|                                                                                                 |  Bank loans | $  |                 20,746,104 |   | $  |                20,940,911 |
|                                                                                                 |  Accounts payable |   |                      4,457,746 |   |   |                      4,515,394 |
|                                                                                                 |  Accrued expenses |   |                       114,967 |   |   |                          165,418 |
|                                                                                                 |  Other payable |   |                      2,104,781 |   |   |                      2,031,351 |
|                                                                                                 |  Payable to disposed subsidiaries |   |                          826,609 |   |   |                          834,371 |
|                                                                                                 |  Advances from buyers |   |                      1,188,883 |   |   |                      1,327,291 |
|                                                                                                 |  Taxes payable |   |                      4,244,951 |   |   |                      4,369,834 |
|                                                                                                 |   |   |   |   |   |   |   |
|  Total current liabilities                                                                      |   |                    33,684,040 |   |   |                    34,184,571 |
|                                                                                                 |   |   |   |   |   |   |   |
|  Total liabilities                                                                              |   | 33,684,040 |   |   | 34,184,571 |
|                                                                                                 |   |   |   |   |   |   |   |
|  Stockholders' equity:                                                                          |   |   |   |   |   |
|                                                                                                 |  Common stock,  $.001 par value 50,000,000 shares authorized, |   |   |   |   |   |
|                                                                                                 |    11,759,966  issued and outstanding |   |   |   |   |   |
|                                                                                                 |    as of June 30, 2012 and Dec. 31,2011 |   |                            11,760 |   |   |                            11,760 |
|                                                                                                 |  Additional paid in capital |   |                      4,566,156 |   |   |                      4,566,156 |
|                                                                                                 |  Statutory reserve |   |                          638,128 |   |   |                          638,128 |
|                                                                                                 |  Accumulated other comprehensive income |   |                      3,954,207 |   |   |                      4,256,243 |
|                                                                                                 |  Retained earnings |   |                    16,458,967 |   |   |                    17,749,911 |
|                                                                                                 |   |   |   |   |   |   |   |
|  Total stockholders' equity                                                                     |   |                    25,629,217 |   |   |                    27,222,198 |
|                                                                                                 |   |   |   |   |   |   |   |
|  Total liabilities and stockholders' equity                                                     | $  |               59,313,258 |   | $  |                61,406,768 |
|                                                                                                 |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |
|  The accompanying notes are integral part of these unaudited consolidated financial statements. |

----

| GREAT CHINA INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIES              |
|------------------------------------------------------------------------|
| CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)       |
| FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 2012 AND 2011 |
| (UNAUDITED)                                                            |

|                                          |                                                               | THREE-MONTHS ENDED JUNE 30 |                                                                      | SIX-MONTHS ENDED JUNE 30 |
|-----------------------------------------------|--------------------------------------------------------------------|----------------------------|---------------------------------------------------------------------------|--------------------------|
|                                          |                                                               | 2012                       |                                                                      | 2011                     |   | 2012 |   | 2011 |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
|  Revenues                                |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |
|                                          |  Rental income                                                | $                     |    1,369,481                                               |                     | $  |    1,350,866 |   | $  | 2,827,996 |   | $  | 2,578,240 |
|                                          |  Management fee income                                        |                       |      497,046                                     |                     |   |       504,637 |   |   | 1,011,370 |   |   | 989,167 |
|                                          |     Total revenues                             |                       | 1,866,527                                                                 |                     |   | 1,855,503 |   |   | 3,839,366 |   |   | 3,567,407 |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
|  Cost of revenues                        |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |
|                                          |  Rental cost                                                  |                       |    1,126,380                                               |                     |   |    1,292,882 |   |   | 2,126,181 |   |   | 2,310,113 |
|                                          |  Management fee cost                                          |                       |    288,480                                                 |                     |   |    258,565 |   |   | 871,388 |   |   | 831,067 |
|                                          |     Total cost                                 |                       | 1,414,860                                                                 |                     |   | 1,551,447 |   |   | 2,997,570 |   |   | 3,141,180 |
|  Gross profit                            |                                                               | 451,667                    |                                                                      |                     | 304,056 |   |   | 841,796 |   |   | 426,227 |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |
|  Operation expenses                      |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |
|                                          |  Selling expenses                                             |                       |    8,676                                                   |                     |   |  16,744 |   |   |   25,717 |   |   |     34,616 |
|                                          |  General and administrative expenses                          |                       |   436,649                                                       |                     |   |   321,283 |   |   | 904,886 |   |   |    988,307 |
|                                          |  Depreciation and amortization                                |                       |     21,829                                            |                     |   |    42,691 |   |   | 44,053 |   |   |    53,239 |
|                                          |        Total operation expenses |                       | 467,154                                                                   |                     |   | 380,718 |   |   | 974,657 |   |   | 1,076,162 |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
|  Loss from operations                    |                                                               | (15,488)                   |                                                                      |                     | (76,662) |   |   | (132,860) |   |   | (649,935) |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
|  Other income (expense)                  |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |
|                                          |  Disposal of parking lots income                              |                       |             - |                     |   |  107,787 |   |   |             - |   |   |       388,857 |
|                                          |  Other income, net                                            |                       |  33,080                                                              |                     |   | 53,076 |   |   | 66,814 |   |   |       104,246 |
|                                          |  Interest and finance costs                                   |                       |  (682,085)                                                           |                     |   |  (659,322) |   |   | (1,224,733) |   |   |   (1,152,063) |
|                                          |       Total other expense, net       |                       |    (649,004)                                               |                     |   |     (498,458) |   |   | (1,157,919) |   |   |      (658,960) |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
|  Loss before provision for income taxes  |                                                               | (664,492)                  |                                                                      |                     | (575,120) |   |   | (1,290,779) |   |   | (1,308,895) |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
|  Provision for income taxes              |                                                               | -                          |                                                                      |                     | - |   |   | - |   |   | - |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
|  Net loss                           |                                                               | (664,492)                  |                                                                      |                     | (575,120) |   |   | (1,290,779) |   |   | (1,308,895) |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
|  Other comprehensive loss:          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |
|                                          |  Foreign currency translation adjustment                      |                       |   (285,397)                                                     |                     |   |     (346,356) |   |   | (302,036) |   |   |   562,907 |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
|  Comprehensive loss                 | $                                                             |   (949,889)      |                                                                      | $                   |    (228,764) |   | $  | (1, 592,815) |   | $  |  (745,988) |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
| Loss per share                                |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |
|                                          |  Basic                                                        | $                     |       (0.08)                                |                     | $  |       (0.02) |   | $  |      (0.14) |   | $  |      (0.06) |
|                                          |  Diluted                                                      | $                     |       (0.08)                                |                     | $  |      (0.02) |   | $  |       (0.14) |   | $  |       (0.06) |
|                                          |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |   |
| Weighted average number of shares outstanding |                                                               |                       |                                                                      |                     |   |   |   |   |   |   |   |
|                                          |  Basic                                                        |                       | 11,759,966                                                                |                     |   | 11,759,966 |   |   | 11,759,966 |   |   | 11,759,966 |
|                                          |  Diluted                                                      |                       | 11,759,966                                                                |                     |   | 11,759,966 |   |   | 11,759,966 |   |   | 11,759,966 |

|  The accompanying notes are integral part of these unaudited consolidated financial statements. |
|------------------------------------------------------------------------------------------------------|

----

| GREAT CHINA INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIES                                      |
|------------------------------------------------------------------------------------------------|
| CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS                                                |
| FOR THE SIX MONTH PERIODS ENDED JUNE 30, 2012 AND 2011                                         |
| (UNAUDITED)                                                                                    |
|                                                                                           |   |   For the Six Months Ended June 30 |
|                                                                                           |   |   2012 |   |   2011 |
|                                                                                           |   |   |   |   |   |   |
| Cash flows from operating activities:                                                          |   |   |   |   |   |
| Net (loss) income                                                                              | $ |              (1,290,779) |   | $ |               (1,308,896) |
| Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      |   |   |   |   |   |
| Net cash (used in) provided by operating activities                                            |   |   |   |   |   |
|                                                                                           | Depreciation and amortization |   |                  1,622,687 |   |   |                   1,574,097 |
|                                                                                           | Gain on disposal of parking lots |   |                                - |   |   |                      (388,857) |
|                                                                                           | Provision for doubtful accounts |   |                                - |   |   |                      36,783 |
| Changes in operating assets and liabilities:                                                   |   |   |   |   |   |
|                                                                                           | Accounts receivable and other receivable |   |                 (288,743) |   |   |                   (142,029) |
|                                                                                           |   |   |   |   |   |                                 - |
|                                                                                           | Advances to suppliers |   |                       8,464 |   |   |                                 - |
|                                                                                           |   |   |   |   |   |
|                                                                                           | Properties held for resale |   |                       (4,087) |   |   |                                 - |
| Increase/(decrease) in current liabilities:                                                    |   |   |   |   |   |
|                                                                                           | Accounts payable and accrued expenses |   |                     22,867 |   |   |                      31,436 |
|                                                                                           | Advances from buyers |   |                 (123,251) |   |   |                   (189,257) |
|                                                                                           | Income and other taxes payable |   |                   (82,367) |   |   |                     (32,646) |
|                                                                                           |   |   |   |   |   |   |
| Net cash (used in) provided by operating activities                                            |   |                   (135,209) |   |   | (419,368) |
|                                                                                           |   |   |   |   |   |   |
| Cash flows from investing activities:                                                          |   |   |   |   |   |
|                                                                                           | Purchases of property & equipment |   |                       12,577 |   |   | 1,618 |
|                                                                                           | Sale of property & equipment |   |                           718 |   |   |                                 - |
|                                                                                           | Proceeds from disposal of parking lots |   |   |   |   | 388,857 |
| Net cash provided by (used in) investing activities                                            |   |                       13,295 |   |   | 390,475 |
|                                                                                           |   |   |   |   |   |   |
| Cash flows from financing activities:                                                          |   |   |   |   |   |
|                                                                                           | Loan to third party |   |                                - |   |   |               (2,383,563) |
|                                                                                           | Repayment of loan to third party |   |                   307,794 |   |   |                                 - |
|                                                                                           |   |   |   |   |   |   |
| Net cash provided by (used in) financing activities                                            |   |                   307,794 |   |   |               (2,383,563) |
|                                                                                           |   |   |   |   |   |   |
| Effect of exchange rate                                                                        |   |                  (104,774) |   |   |                      170,538 |
|                                                                                           |   |   |   |   |   |   |
| Net increase (decrease) in cash and cash equivalents                                           |   |                  81,107 |   |   | (2,241,918) |
|                                                                                           |   |   |   |   |   |   |
| Cash and cash equivalents, beginning of period                                                 |   |                6,294,500 |   |   |                 9,584,071 |
|                                                                                           |   |   |   |   |   |   |
| Cash and cash equivalents, end of period                                                       | $ |                6,375,607 |   | $ | 7,342,152 |
|                                                                                           |   |   |   |   |   |   |
| Supplemental disclosures of cash flow information:                                             |   |   |   |   |   |
|                                                                                           | Interest paid | $ | 1,066,391 |   | $ | 1,171,471 |
|                                                                                           | Income taxes | $ |                                - |   | $ |                                 - |
|                                                                                           |   |   |   |   |   |   |
| The accompanying notes are integral part of these unaudited consolidated financial statements. |

----

| 1.   | Description of business |
|----------------|-------------------------|

| 2.   | Summary of significant accounting policies |
|----------------|--------------------------------------------|

----

| Buildings                     | 8-26 years |
|-------------------------------|------------|
| Equipment                     | 5 years    |
| Automobile                    | 5 years    |
| Office furniture and fixtures | 5 years    |

----

----

| 3.   | Going concern |
|----------------|---------------|

| 4.   | Loans receivable |
|----------------|------------------|

| 5.   | Property and equipment |
|----------------|------------------------|

|                             | June 30, 2012 |        | December 31, 2011 |
|----------------------------------|---------------|-------------|-------------------|
| Building                         | $             | 15,442      |              | $ | 15,587 |
| Automobile                       |          | 1,159,121   |              |   | 1,170,005 |
| Office equipment & Furniture |          | 549,939     |              |   | 555,469 |
|                             |          | 1,724,502   |              |   | 1,741,061 |
| Accumulated depreciation         |          | (1,458,156) |              |   | (1,427,382) |
| Property and equipment, net      | $             | 266,346     |              | $ | 313,679 |

----

| 6.   | Accrued expenses |
|----------------|------------------|

|                        | June 30, 2012 |    | December 31, 2011 |
|-----------------------------|---------------|---------|-------------------|
| Payroll and welfare payable | $             | 112,167 |              | $ | 112,083 |
| Accrued expenses            |          | 2,800   |              |   | 53,335 |
| Total                       | $             | 114,967 |              | $ | 165,418 |

| 7.   | Other payables |
|----------------|----------------|

|                                     | June 30, 2012 |                                                                              | December 31, 2011 |
|------------------------------------------|---------------|-----------------------------------------------------------------------------------|-------------------|
| Customer guarantee deposit               | $             | 1,120,290                                                                         |              | $ |             1,044,960 |
| Customer deposit for property decoration |          | 17,763                                                                            |              |   |                   19,042 |
| Miscellaneous payable                    |          | 966,727                                                                           |              |   |                967,349 |
| Total                                    | $             |             2,104,781 |              | $ |             2,031,351 |

| 8.   | Tax payables |
|----------------|--------------|

|                                 | June 30, 2012 |      | December 31, 2011 |
|--------------------------------------|---------------|-----------|-------------------|
| Income tax payable in Mainland China | $             | 1,206,422 |              | $ | 1,217,751 |
| Business tax                         |          | 649,061   |              |   | 685,396 |
| Land VAT payable                     |          | 2,362,721 |              |   | 2,390,499 |
| Other levies                         |          | 26,746    |              |   | 76,188 |
| Total                                | $             | 4,244,951 |              | $ | 4,369,834 |

| 9.   | Payable to disposed subsidiary |
|----------------|--------------------------------|

| 10.   | Loan Payable |
|-----------------|--------------|

| Nature               | Due on     | Interest per Annum | June 30, 2012 |       | December 31, 2011 |
|----------------------|------------|--------------------|---------------|------------|-------------------|
| Bank loan            | 6-12-2013  | 8.775%             | $             | 6,296,238  |              | $ | 6,355,360 |
| Bank loan            | 10-13-2012 | 10.395%            |          | 14,449,866 |              |   | 14,585,551 |
|                 |       |               |          | 20,746,104 |              |   | 20,940,911 |
| Less current portion |       |               |          | 20,746,104 |              |   | 20,940,911 |
|                 |       |               | $             | -          |              | $ | - |

----

| 11.   | Statutory reserve |
|-----------------|-------------------|

|   | i.     | Making up cumulative prior years’ losses, if any;                                                                                                                                                                                                                                                                                                                                                                 |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   | ii.    | Allocations to the “Statutory Surplus Reserve” of at least 10% of income after tax, as determined under PRC accounting rules and regulations, until the fund amounts to 50% of the Company’s registered capital;                                                                                                                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   | iii.   | Allocations of 5% to 10% of income after tax, as determined under PRC accounting rules and regulations, to the Company’s “Statutory Common Welfare Fund”, which is established for the purpose of providing employee facilities and other collective benefits to the Company’s employees; and statutory common welfare fund is no longer required per the new cooperation law executed in 2006; |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   | iv.    | Allocations to the discretionary surplus reserve, if approved in the stockholders’ general meeting.                                                                                                                                                                                                                                                                                                               |

| 12.   | Segment information |
|-----------------|---------------------|

----

|                                        |                                     |               | June 30,                                                                                                                                                                                                                                                      |
|---------------------------------------------|------------------------------------------|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                        |                                     |               | 2012                                                                                                                                                                                                                                                          |   | 2011 |
|  Revenues from unaffiliated customers: |                                     |               |                                                                                                                                                                                                                                                          |   |   |
|                                        |  Selling of properties              | $             |                                           - |   | $  |                                              - |
|                                        |  Rental income & management fee |               | 3,839,366                                                                                                                                                                                                                                                     |   |   | 3,567,407 |
|                                        |                                     |  Consolidated | $                                                                                                                                                                                                                                                        |                              3,839,366 |   | $  | 3,567,407 |
|  Operating income (loss):              |                                     |               |                                                                                                                                                                                                                                                          |   |   |
|                                        |  Selling of properties              | $                  |                                 (367)                                                         |   | $  | (103,534) |
|                                        |  Rental income & management fee |               | 580,327                                                                                                                                                                                                                                                       |   |   | 203,050 |
|                                        |  Corporation (1)                    |               | (712,821)                                                                                                                                                                                                                                                     |   |   | (749,451) |
|                                        |                                     |  Consolidated | $                                                                                                                                                                                                                                                        | (132,860) |   | $  | (649,935) |
|  Net income (loss) before taxes:       |                                     |               |                                                                                                                                                                                                                                                          |   |   |
|                                        |  Selling of properties              | $             | (1,225,253)                                                                                                                                                                                                                                                   |   | $  | (1,255,597) |
|                                        |  Rental income & management fee |               |                                 580,864                                                       |   |   | 203,050 |
|                                        |  Corporation (1)                    |               | (646,390)                                                                                                                                                                                                                                                     |   |   | (256,348) |
|                                        |                                     |  Consolidated | $                                                                                                                                                                                                                                                        |                            (1,290,779) |   | $  |                                (1,308,896) |
|  Identifiable assets:                  |                                     |               |                                                                                                                                                                                                                                                          |   |   |
|                                        |  Selling of properties              | $             |                                     3,974                                 |   | $  | 2,308 |
|                                        |  Rental & management fee        |               | 47,514,864                                                                                                                                                                                                                                                    |   |   | 50,551,312 |
|                                        |  Corporation (1)                    |               | 11,794,420                                                                                                                                                                                                                                                    |   |   | 9,555,921 |
|                                        |                                     |  Consolidated | $                                                                                                                                                                                                                                                        |                            59,313,258 |   | $  |                               60,109,541 |
|  Depreciation and amortization:        |                                     |               |                                                                                                                                                                                                                                                          |   |   |
|                                        |  Selling of properties              | $             | -                                                                                                                                                                                                                                                             |   | $  | - |
|                                        |  Rental & management fee        |               | 1,578,634                                                                                                                                                                                                                                                     |   |   | 1,520,858 |
|                                        |  Corporation (1)                    |               | 44,053                                                                                                                                                                                                                                                        |   |   | 53,239 |
|                                        |                                     |  Consolidated | $                                                                                                                                                                                                                                                        |                              1,622,687 |   | $  | 1,574,097 |

----

----

|                               |   Total |            |   Less than one year |   |   1-3 Years |   |   Thereafter |
|------------------------------------|--------------|-----------------|---------------------------|--------|------------------|--------|-------------------|
| Short-Term Debt                    | $            | 14,449,866      |                      | $      | 14,449,866       |   | $                 | -  |   | $ | - |
| Long-Term Debt                     |         |  6,296,238 |                      |   | -                |   |              |  6,296,238 |   |   | - |
| Amounts due to related parties     |         | -               |                      |   | -                |   |              |   - |   |   | - |
| Construction commitments           |         | -               |                      |   | -                |   |              | - |   |   | - |
| Total Contractual Cash Obligations | $            | 20,746,104      |                      | $      | 20,746,104       |   | $                 |   |   | $ | - |

----

| ExhibitNo.                       | SEC Ref.No. | Title of Document                                                                                |
|----------------------------------|-------------|--------------------------------------------------------------------------------------------------|
|                             |        |                                                                                             |
| 31.1                             | 31          | The certification of chief executive officer required by Rule 13a-14(a) or Rule 15d-14(a)*  |
|                             |        |                                                                                             |
| 31.2                             | 31          | The certification of chief financial officer required by Rule 13a-14(a) or Rule 15d-14(a)*  |
|                             |        |                                                                                             |
| 32.1                             | 32          | The certifications required by Rule 13a-14(b) or Rule 15d-14(b) and 18 U.S.C. Section 1350* |
|                             |        |                                                                                             |
| 101.INS                          | 101         | XBRL Instance Document**                                                                         |
|                             |        |                                                                                             |
| 101.SCH                          | 101         | XBRL Taxonomy Extension Schema Document**                                                        |
|                             |        |                                                                                             |
| 101.CAL                          | 101         | XBRL Taxonomy Extension Calculation Linkbase Document**                                          |
|                             |        |                                                                                             |
| 101.DEF                          | 101         | XBRL Taxonomy Definition Linkbase Document**                                                     |
|                             |        |                                                                                             |
| 101.LAB                          | 101         | XBRL Taxonomy Extension Label Linkbase Document**                                                |
|                             |        |                                                                                             |
| 101.PRE                          | 101         | XBRL Taxonomy Extension Presentation Linkbase Document**                                         |
|                             |        |                                                                                             |
| * Filed herewith                 |
| ** To be filed by amendment |

----

|                  |                                     |                                         |
|-----------------------|------------------------------------------|----------------------------------------------|
|                  | GREAT CHINA INTERNATIONAL HOLDINGS, INC. |
|                  |                                     |
|                  |                                     |                                         |
|                  |                                     |                                         |
| Date: August 20, 2012 | By                                       |   /s/ Jiang Peng                        |
|                  |                                     | Jiang Peng, Chairman of the Board            |
|                  |                                     | (Principal Executive Officer)                |
|                  |                                     |                                         |
|                  |                                     |                                         |
|                  |                                     |                                         |
| Date: August 20, 2012 | By                                       |   /s/ Sun Dongqing                      |
|                  |                                     | Sun Dongqing, Chief Financial Officer        |
|                  |                                     | (Principal Financial and Accounting Officer) |