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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 KplUxPzAiyzrYk6GkXVjytqAFzMK5fUBXGSfoccIAuSKWJcdGyenTewHYS57x8Vy
 VgfQNVYMbI1HvulNzXDVcg==

<SEC-DOCUMENT>0001010549-07-000502.txt : 20070622
<SEC-HEADER>0001010549-07-000502.hdr.sgml : 20070622
<ACCEPTANCE-DATETIME>20070622131215
ACCESSION NUMBER:		0001010549-07-000502
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070621
FILED AS OF DATE:		20070622
DATE AS OF CHANGE:		20070622

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Ku Guohua
		CENTRAL INDEX KEY:			0001387920

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12536
		FILM NUMBER:		07935934

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		86-29-87651096

	MAIL ADDRESS:	
		STREET 1:		SHAANXI BLOWER GROUP, DAI WANG BAN
		STREET 2:		LINTONG DISTRICT
		CITY:			XI'AN, SHAANXI PROVINCE
		STATE:			F4
		ZIP:			710600

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHINA RECYCLING ENERGY CORP
		CENTRAL INDEX KEY:			0000721693
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				900093373
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		429 GUANGDONG ROAD
		CITY:			SHANGHAI
		STATE:			F4
		ZIP:			200001
		BUSINESS PHONE:		86-21 6336-8686

	MAIL ADDRESS:	
		STREET 1:		429 GUANGDONG ROAD
		CITY:			SHANGHAI
		STATE:			F4
		ZIP:			200001

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHINA DIGITAL WIRELESS INC
		DATE OF NAME CHANGE:	20040810

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BOULDER ACQUISITIONS  INC
		DATE OF NAME CHANGE:	20020430

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BOULDER BREWING CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>crec4guohua062107_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-06-21</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000721693</issuerCik>
        <issuerName>CHINA RECYCLING ENERGY CORP</issuerName>
        <issuerTradingSymbol>CREG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001387920</rptOwnerCik>
            <rptOwnerName>Ku Guohua</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>SHAANXI BLOWER GROUP, DAI WANG BAN</rptOwnerStreet1>
            <rptOwnerStreet2>LINTONG DISTRICT</rptOwnerStreet2>
            <rptOwnerCity>XI'AN, SHAANXI PROVINCE</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode>710600</rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Pres, Chrmn, Chief Tech Offcr</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $.001 par value per share</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2007-06-21</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>289427</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8784273</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The share exchange transaction resulting in the change in beneficial ownership reported on this form 4 was executed and
 consummated on June 21, 2007 whan all parties to this share exchange transaction received the physical stock certificates of
 the shares exchanged.</footnote>
        <footnote id="F2">The price for the shares disposed are 868,281 shares of common stocks of Xi'an Yingfeng Science and Technology Co., Ltd.,
 pursuant to the agreement terms in connection to the share exchange transaction resulting in the change in beneficial
 ownership reported on this form 4.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Ku Guohua</signatureName>
        <signatureDate>2007-06-21</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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