UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

_________________

Date of Report (Date of earliest event reported): ~~November~~April 1011, ~~2011~~2012

China Clean Energy Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware		000-53773		87-0700927
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

Jiangyin Industrial Zone, Jiangyin Town Fuqing City, Fujian Province People’s Republic of China		350309
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (347) 235-0258

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o	Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1 5.~~01.~~02 ~~Entry~~Departure ~~into~~of aDirectors ~~Material~~or ~~Definitive~~Certain ~~Agreement~~Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April ~~November 10~~11, ~~2011~~2012, ~~Fujian~~Mr. ~~Zhongde~~William ~~Energy~~Chen ~~Co.,~~submitted ~~Ltd.,~~his aresignation ~~wholly-owned~~as ~~subsidiary~~a ofChief ~~China~~Financial ~~Clean~~Officer ~~Energy~~of ~~Inc. (~~the “Company”) ~~entered~~to ~~into a Limited Liability Company Acquisition Agreement (~~the ~~“Agreement”)~~Chairman ~~with~~of the ~~owner~~Board of ~~Handan Guanxin Technology Co.~~Directors, ~~Ltd.~~which ~~(“Guanxin~~resignation ~~Technology”)~~stated tothat ~~acquire~~it ~~100%~~was ofeffective ~~the equity interest in Guanxin Technology~~immediately. ~~Guanxin~~There ~~Technology~~were isno adisagreements ~~supplier~~between ~~of specialty chemical feedstock in Hebei Province, People’s Republic of China~~Mr. ~~The~~ ~~Company~~Chen ~~sought to acquire Guanxin Technology in order to mitigate its feedstock supply risk~~ and ~~have better control over~~ the ~~cost and quality of feedstock, which the~~ Company ~~uses~~that resulted in ~~manufacturing~~his ~~biodiesel and specialty chemicals~~resignation. ~~The~~ ~~consideration~~Attached ~~for~~as ~~the~~Exhibit ~~transaction includes a cash payment of approximately $13~~17.1 ~~million (RMB 83 million). The transfer~~ is toa becopy ~~completed within seven days from the date~~ of ~~the Agreement, during which time the Company is reviewing the books and records of Guanxin Technology~~Mr. If ~~the~~Chen’s ~~books~~resignation ~~and records of Guanxin Technology do not agree with the information provided, the Company reserves the right to nullify the Agreement within the seven day period~~letter.

AThe ~~copy~~Company’s board of ~~the~~directors ~~Agreement~~voted isto ~~filed~~appoint Mr. Hua Shan Wang, 31, as ~~Exhibit~~its ~~10.1~~chief ~~hereto~~financial officer and ~~incorporated~~principal ~~herein~~financial byand ~~reference~~accounting officer effective April 11, 2012. ~~The~~ ~~foregoing~~Mr. ~~description~~Wang ofjoined the ~~Agreement~~Company ~~does~~in ~~not~~February ~~purport~~2009 as accounting department manager. Prior to bethat ~~complete~~Mr. Wang worked accounting manager at Fujian crown long science and istechnology ~~qualified~~limited incompany, ~~its~~from ~~entirety~~July by2003 ~~reference~~through toFebruary ~~the~~2009. ~~Agreement~~Mr. Wang holds a Bachelors degree in Accounting from Fujian Normal University.

Item 2.01. Completion of Acquisition or Disposition of Assets

The information set forth in Item 1.01 of this report is incorporated herein by reference. The acquisition was completed on November 15, 2011.

Item 9.01 Financial Statements and Exhibits.

(a) Financial statements of businesses acquired.

The required financial statements of Guanxin Technology will be filed by amendment pursuant to Item 9.01(a)(4) within 71 calendar days after the date on which we would be required to file a Current Report on Form 8-K related to the completion of the acquisition described in Item 2.01 of this report.

(b) Pro forma financial information.

The required pro forma information with respect to Guanxin Technology will be filed by amendment pursuant to Item 9.01(b)(2) within 71 calendar days after the date on which we would be required to file a Current Report on Form 8-K related to the completion of the acquisition described in Item 2.01 of this report.

(d) Exhibits

Exhibit Number		Description
10.1		Limited Liability Company Acquisition Agreement, dated as of November 10, 2011, by and between Handan Guanxin Technology Co., Ltd. and Fujian Zhongde Energy Co., Ltd. (incorporated by reference to Exhibit 10.1 to the Quarterly Report on Form 10-Q of China Clean Energy Inc. filed with the Securities and Exchange Commission on November 14, 2011).
17.1		Letter of William Chen dated April 11, 2012

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 hereunto duly authorized.

	CHINA CLEAN ENERGY INC.
Dated: November 16, 2011	By:	/s/ William Chen
Dated: April 11, 2012	By:	/s/ Tai-Ming Ou
		Name:	~~William~~Tai-Ming ~~Chen~~Ou
		Title:	Chief ~~Financial~~Executive Officer

EXHIBIT INDEX

Exhibit Number		Description
10.1		Limited Liability Company Acquisition Agreement, dated as of November 10, 2011, by and between Handan Guanxin Technology Co., Ltd. and Fujian Zhongde Energy Co., Ltd. (incorporated by reference to Exhibit 10.1 to the Quarterly Report on Form 10-Q of China Clean Energy Inc. filed with the Securities and Exchange Commission on November 14, 2011).
17.1		Letter of William Chen dated April 11, 2012

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