<PAGE>

       As filed with the Securities and Exchange Commission on June 6, 1996
                                              Registration No. 33-
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------

                          SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, D.C. 20549

                                       FORM S-8

                                Registration Statement
                                        Under
                              The Securities Act of 1933

                                 CHINA PACIFIC, INC.
                                 -------------------
                (Exact name of registrant as specified in its charter)

               NEVADA                               87-0429945
- -----------------------------------         -------------------------
   (State or other jurisdiction                   (IRS Employer
          of incorporation)                     Identification No.)

          RM. 2008 SUN HUNG KAI CENTRE, 30 HARBOUR ROAD, WANCHAI, HONG KONG
          -----------------------------------------------------------------
                  (Address of Principal Executive Offices)(Zip Code)


                        1995 CONSULTANT STOCK GRANTS PURSUANT
                          TO WRITTEN COMPENSATION AGREEMENTS
                          ----------------------------------
                               (Full title of the plan)


                                                          Copy to:
                   CONNIE MO                          MICHAEL SANDERS
              CHINA PACIFIC, INC.                  VANDERKAM & SANDERS
              715 TERMINO AVENUE                       1111 CAROLINE
                  LONG BEACH                             SUITE 2905
         LOS ANGELES, CALIFORNIA 90804             HOUSTON, TEXAS 77010
                   (310) 433-1882                     (713) 655-0015
         -----------------------------
         (Name, address and telephone
          number of agent for service)


    APPROXIMATE DATE OF PROPOSED SALES PURSUANT TO THE PLAN:  FROM TIME TO TIME
AFTER THE EFFECTIVE DATE OF THIS REGISTRATION STATEMENT.

                           CALCULATION OF REGISTRATION FEE
 
<TABLE>
<CAPTION>

- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
                                                 PROPOSED MAXIMUM     PROPOSED MAXIMUM     AMOUNT OF
    TITLE OF SECURITIES           AMOUNT TO BE  OFFERING PRICE PER   AGGREGATE OFFERING   REGISTRATION
    TO BE REGISTERED               REGISTERED       SHARE (1)               PRICE              FEE
- --------------------------------------------------------------------------------------------------------
<S>                               <C>           <C>                  <C>                  <C>
Common Stock, $.001 par value         783,000         $ 1.516             $ 1,187,028        $ 409.32
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------

</TABLE>
 
(1) Calculated in accordance with Rule 457(c) solely for the purpose of
    determining the registration fee.  The offering price is the average of
    closing bid and asked price ($1.516) of the Common Stock on June 4, 1996,
    as reported on the Nasdaq Small-Cap Market.
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------

<PAGE>

                                        PART I

                   INFORMATION REQUIRED IN SECTION 10(a) PROSPECTUS

    This Registration Statement is filed with the Securities and Exchange
Commission (the "Commission") for the purpose of registering shares of common
stock, $.001 par value ("Common Stock") of the Registrant in connection with the
issuance of shares to consultants pursuant to written compensation agreements
(the "Plan") entered into during 1995.

ITEM 1.  PLAN INFORMATION

    Information required by Item 1 is included in documents sent or given to
participants in the Plan pursuant to Rule 428(b)(1) of the Securities Act.

ITEM 2.  REGISTRATION INFORMATION AND EMPLOYEE PLAN ANNUAL INFORMATION

    Information required by Item 2 is included in documents sent or given to
participants in the Plan pursuant to Rule 428(b)(1) of the Securities Act.

<PAGE>

                                       PART II

                  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF DOCUMENTS BY REFERENCE

    The following documents filed with the Securities and Exchange Commission
(the "Commission") are incorporated by reference into this Registration
Statement and are made a part hereof:

    (a)  The Company's Annual Report on Form 10-KSB for the fiscal year ended
         December 31, 1995.
    (b)  All other reports filed pursuant to Section 13(a) or 15(d) of the
         Exchange Act since the end of the fiscal year covered by the Annual
         Report referred to in Item 3(a) above, including, but not limited to,
         the Company's quarterly reports on Form 10-QSB for the fiscal quarter
         ended March 31, 1996.
    (c)  The description of securities included in Form 8-A declared effective
         by the Commission on June 15, 1995 (Commission File No. 0-26232).

    All reports and other documents subsequently filed by the Company pursuant
to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934,
as amended, prior to the filing of a post-effective amendment which indicates
that all securities offered hereby have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be incorporated by
reference herein and to be a part hereof from the date of the filing of such
reports and documents.

ITEM 4.  DESCRIPTION OF SECURITIES

    Not applicable.

ITEM 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL

    Not applicable.

ITEM 6.  INDEMNIFICATION OF DIRECTORS AND OFFICERS

    The Company's Articles of Incorporation, as amended, provide that the
Company shall indemnify its officers and directors to the extent permitted by
Nevada law.  Section 78.751 of the Nevada Revised Statutes authorizes a
corporation to indemnify directors, officers, employees or agents of the
corporation in non-derivative suits if such party acted in good faith and in a
manner he reasonably believed to be in or not opposed to the best interest of
the corporation and, with respect to any criminal action or proceeding, had no
reasonable cause to believe his conduct was unlawful, as determined in
accordance with Nevada law.  Section 78.751 further provides that
indemnification shall be provided if the party in question is successful on the
merits or otherwise.

ITEM 7.  EXEMPTION FROM REGISTRATION CLAIMED

    Not applicable.

ITEM 8.  EXHIBITS

    4.1  Consultancy Agreement with Goldchamp Ltd. dated August 8, 1995
    5.1  Opinion and consent of Vanderkam & Sanders re: the legality of the
         shares being registered
    23.1 Consent of Vanderkam & Sanders (included in Exhibit 5.1)
    23.2 Consent of Arthur Andersen & Co.


                                         II-1

<PAGE>

ITEM 9.  UNDERTAKINGS

    (a)  The registrant hereby undertakes:

         (1)  To file, during any period in which offers or sells are being
              made, a post-effective amendment to this registration statement
              to include any material information with respect to the plan of
              distribution not previously disclosed in the registration
              statement or any material change to such information in the
              registration statement.

         (2)  That, for the purpose of determining liability under the
              Securities Act of 1933, each post-effective amendment shall be
              treated as a new registration statement of the securities
              offered, and the offering of the securities at that time shall be
              deemed to be the initial bona fide offering thereof.

         (3)  To file a post-effective amendment to remove from registration
              any of the securities that remain unsold at the end of the
              offering.

    (b)  The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.

    (c)  Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable.  In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.


                                         II-2

<PAGE>

                                      SIGNATURES

    Pursuant to the requirements of the Securities Act of 1933, the registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Hong Kong on the 31st day of May, 1996.

                                  CHINA PACIFIC, INC.


                                  BY: /s/ Clement Mak
                                     ----------------------------
                                       CLEMENT MAK, PRESIDENT

    Each of the undersigned officers and directors of China Pacific, Inc.
hereby constitutes and appoints Clement Mak and Thomas Tong, as true and lawful
attorneys-in-fact and agents, with full power of substitution and
resubstitution, for him and in his name, place and stead, in any and all
capacities, to sign any and all amendments (including post-effective amendments)
to this Registration Statement, and to file the same with all exhibits thereto,
and other documents in connection therewith, with the Securities and Exchange
Commission and to prepare any and all exhibits thereto, and other documents in
connection therewith, and to make any applicable state securities law or blue
sky filings, granting unto said attorneys-in-fact and agents, and each of them,
full power and authority to do and perform each and every act and thing
requisite and necessary to be done to enable China Pacific, Inc. to comply with
the provisions of the Securities Act of 1933, as amended, and all requirements
of the Securities and Exchange Commission, as fully to all intents and purposes
as he might or could do in person, hereby ratifying and confirming all that said
attorneys-in fact and agents, or their substitute or substitutes, may lawfully
do or cause to be done by virtue thereof.

    Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the
capacities and on the date indicated.

    SIGNATURES                         TITLE                         DATE
    ----------                         -----                         ----

 /s/ Clement Mak        President, Chief Executive Officer        May 31, 1996
- ----------------------- and Chairman of the Board of Directors
CLEMENT MAK             (Principal Executive Officer)

 /s/ Cheng Yuk Ching    Vice President, Secretary and             May 31, 1996
- ----------------------- and Director
CHENG YUK CHING

 /s/ Thomas Tong        Chief Financial Officer                   May 31, 1996
- ----------------------- (Principal Financial and Accounting
THOMAS TONG              Officer)

                        Director                                  May __, 1996
- -----------------------
TAN JIAN SHENG

                        Director                                  May __, 1996
- -----------------------
ZHANG GUO LIANG

 /s/ Huang Jinhui       Director                                  May 31, 1996
- -----------------------
HUANG JINHUI


                                         II-3

<PAGE>

                                    EXHIBIT INDEX


EXHIBIT NO.                       DESCRIPTION                         PAGE NO.
- -----------                       -----------                         --------

    4.1       Consultancy Agreement with Goldchamp Ltd. dated
              August 8, 1995........................................      7

    5.1       Opinion and consent of Vanderkam & Sanders re: the
              legality of the shares being registered...............      9

    23.1      Consent of Vanderkam & Sanders (included in
              Exhibit 5.1)

    23.2      Consent of Arthur Andersen & Co.......................     10
[{"type": "S-8", "sequence": "1", "description": "FORM S-8", "secsgml_size_bytes": 14317}]
{"company-data": {"conformed-name": "CHINA PACIFIC INC", "cik": "0000789857", "assigned-sic": "6552", "irs-number": "870429945", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-05333", "film-number": "96577481"}, "business-address": {"street1": "RM 2008 SUN HUNG KAI CENTRE", "street2": "30 HARBOUR RD", "city": "WANCHAI HONG HONG", "state": "K3", "zip": "84119", "phone": "8522510363"}, "mail-address": {"street1": "715 TERMINO AVE", "street2": "LONG BEACH", "city": "LOS ANGELES", "state": "CA", "zip": "90804"}, "former-company": [{"former-conformed-name": "CHINA TREASURE INC/NV", "date-changed": "19940906"}, {"former-conformed-name": "BULLS ON THE RUN PRODUCTIONS CORP /NV", "date-changed": "19940617"}]}
As filed with the Securities and Exchange Commission on June 6, 1996
                                              Registration No. 33-
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------

                          SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, D.C. 20549

                                       FORM S-8

                                Registration Statement
                                        Under
                              The Securities Act of 1933

                                 CHINA PACIFIC, INC.
                                 -------------------
                (Exact name of registrant as specified in its charter)

               NEVADA                               87-0429945
- -----------------------------------         -------------------------
   (State or other jurisdiction                   (IRS Employer
          of incorporation)                     Identification No.)

          RM. 2008 SUN HUNG KAI CENTRE, 30 HARBOUR ROAD, WANCHAI, HONG KONG
          -----------------------------------------------------------------
                  (Address of Principal Executive Offices)(Zip Code)

                        1995 CONSULTANT STOCK GRANTS PURSUANT
                          TO WRITTEN COMPENSATION AGREEMENTS
                          ----------------------------------
                               (Full title of the plan)

                                                          Copy to:
                   CONNIE MO                          MICHAEL SANDERS
              CHINA PACIFIC, INC.                  VANDERKAM & SANDERS
              715 TERMINO AVENUE                       1111 CAROLINE
                  LONG BEACH                             SUITE 2905
         LOS ANGELES, CALIFORNIA 90804             HOUSTON, TEXAS 77010
                   (310) 433-1882                     (713) 655-0015
         -----------------------------
         (Name, address and telephone
          number of agent for service)

    APPROXIMATE DATE OF PROPOSED SALES PURSUANT TO THE PLAN:  FROM TIME TO TIME
AFTER THE EFFECTIVE DATE OF THIS REGISTRATION STATEMENT.

                           CALCULATION OF REGISTRATION FEE
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
                                                 PROPOSED MAXIMUM     PROPOSED MAXIMUM     AMOUNT OF
    TITLE OF SECURITIES           AMOUNT TO BE  OFFERING PRICE PER   AGGREGATE OFFERING   REGISTRATION
    TO BE REGISTERED               REGISTERED       SHARE (1)               PRICE              FEE
- --------------------------------------------------------------------------------------------------------
Common Stock, $.001 par value         783,000         $ 1.516             $ 1,187,028        $ 409.32
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
(1) Calculated in accordance with Rule 457(c) solely for the purpose of
    determining the registration fee.  The offering price is the average of
    closing bid and asked price ($1.516) of the Common Stock on June 4, 1996,
    as reported on the Nasdaq Small-Cap Market.
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PART I

                   INFORMATION REQUIRED IN SECTION 10(a) PROSPECTUS

    This Registration Statement is filed with the Securities and Exchange
Commission (the "Commission") for the purpose of registering shares of common
stock, $.001 par value ("Common Stock") of the Registrant in connection with the
issuance of shares to consultants pursuant to written compensation agreements
(the "Plan") entered into during 1995.

ITEM 1.  PLAN INFORMATION

    Information required by Item 1 is included in documents sent or given to
participants in the Plan pursuant to Rule 428(b)(1) of the Securities Act.

ITEM 2.  REGISTRATION INFORMATION AND EMPLOYEE PLAN ANNUAL INFORMATION

    Information required by Item 2 is included in documents sent or given to
participants in the Plan pursuant to Rule 428(b)(1) of the Securities Act.
PART II

                  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF DOCUMENTS BY REFERENCE

    The following documents filed with the Securities and Exchange Commission
(the "Commission") are incorporated by reference into this Registration
Statement and are made a part hereof:

    (a)  The Company's Annual Report on Form 10-KSB for the fiscal year ended
         December 31, 1995.
    (b)  All other reports filed pursuant to Section 13(a) or 15(d) of the
         Exchange Act since the end of the fiscal year covered by the Annual
         Report referred to in Item 3(a) above, including, but not limited to,
         the Company's quarterly reports on Form 10-QSB for the fiscal quarter
         ended March 31, 1996.
    (c)  The description of securities included in Form 8-A declared effective
         by the Commission on June 15, 1995 (Commission File No. 0-26232).

    All reports and other documents subsequently filed by the Company pursuant
to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934,
as amended, prior to the filing of a post-effective amendment which indicates
that all securities offered hereby have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be incorporated by
reference herein and to be a part hereof from the date of the filing of such
reports and documents.

ITEM 4.  DESCRIPTION OF SECURITIES

    Not applicable.

ITEM 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL

    Not applicable.

ITEM 6.  INDEMNIFICATION OF DIRECTORS AND OFFICERS

    The Company's Articles of Incorporation, as amended, provide that the
Company shall indemnify its officers and directors to the extent permitted by
Nevada law.  Section 78.751 of the Nevada Revised Statutes authorizes a
corporation to indemnify directors, officers, employees or agents of the
corporation in non-derivative suits if such party acted in good faith and in a
manner he reasonably believed to be in or not opposed to the best interest of
the corporation and, with respect to any criminal action or proceeding, had no
reasonable cause to believe his conduct was unlawful, as determined in
accordance with Nevada law.  Section 78.751 further provides that
indemnification shall be provided if the party in question is successful on the
merits or otherwise.

ITEM 7.  EXEMPTION FROM REGISTRATION CLAIMED

    Not applicable.

ITEM 8.  EXHIBITS

    4.1  Consultancy Agreement with Goldchamp Ltd. dated August 8, 1995
    5.1  Opinion and consent of Vanderkam & Sanders re: the legality of the
         shares being registered
    23.1 Consent of Vanderkam & Sanders (included in Exhibit 5.1)
    23.2 Consent of Arthur Andersen & Co.

                                         II-1
ITEM 9.  UNDERTAKINGS

    (a)  The registrant hereby undertakes:

         (1)  To file, during any period in which offers or sells are being
              made, a post-effective amendment to this registration statement
              to include any material information with respect to the plan of
              distribution not previously disclosed in the registration
              statement or any material change to such information in the
              registration statement.

         (2)  That, for the purpose of determining liability under the
              Securities Act of 1933, each post-effective amendment shall be
              treated as a new registration statement of the securities
              offered, and the offering of the securities at that time shall be
              deemed to be the initial bona fide offering thereof.

         (3)  To file a post-effective amendment to remove from registration
              any of the securities that remain unsold at the end of the
              offering.

    (b)  The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.

    (c)  Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable.  In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.

                                         II-2
SIGNATURES

    Pursuant to the requirements of the Securities Act of 1933, the registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Hong Kong on the 31st day of May, 1996.

                                  CHINA PACIFIC, INC.

                                  BY: /s/ Clement Mak
                                     ----------------------------
                                       CLEMENT MAK, PRESIDENT

    Each of the undersigned officers and directors of China Pacific, Inc.
hereby constitutes and appoints Clement Mak and Thomas Tong, as true and lawful
attorneys-in-fact and agents, with full power of substitution and
resubstitution, for him and in his name, place and stead, in any and all
capacities, to sign any and all amendments (including post-effective amendments)
to this Registration Statement, and to file the same with all exhibits thereto,
and other documents in connection therewith, with the Securities and Exchange
Commission and to prepare any and all exhibits thereto, and other documents in
connection therewith, and to make any applicable state securities law or blue
sky filings, granting unto said attorneys-in-fact and agents, and each of them,
full power and authority to do and perform each and every act and thing
requisite and necessary to be done to enable China Pacific, Inc. to comply with
the provisions of the Securities Act of 1933, as amended, and all requirements
of the Securities and Exchange Commission, as fully to all intents and purposes
as he might or could do in person, hereby ratifying and confirming all that said
attorneys-in fact and agents, or their substitute or substitutes, may lawfully
do or cause to be done by virtue thereof.

    Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the
capacities and on the date indicated.

    SIGNATURES                         TITLE                         DATE
    ----------                         -----                         ----

 /s/ Clement Mak        President, Chief Executive Officer        May 31, 1996
- ----------------------- and Chairman of the Board of Directors
CLEMENT MAK             (Principal Executive Officer)

 /s/ Cheng Yuk Ching    Vice President, Secretary and             May 31, 1996
- ----------------------- and Director
CHENG YUK CHING

 /s/ Thomas Tong        Chief Financial Officer                   May 31, 1996
- ----------------------- (Principal Financial and Accounting
THOMAS TONG              Officer)

                        Director                                  May __, 1996
- -----------------------
TAN JIAN SHENG

                        Director                                  May __, 1996
- -----------------------
ZHANG GUO LIANG

 /s/ Huang Jinhui       Director                                  May 31, 1996
- -----------------------
HUANG JINHUI

                                         II-3
EXHIBIT INDEX

EXHIBIT NO.                       DESCRIPTION                         PAGE NO.
- -----------                       -----------                         --------

    4.1       Consultancy Agreement with Goldchamp Ltd. dated
              August 8, 1995........................................      7

    5.1       Opinion and consent of Vanderkam & Sanders re: the
              legality of the shares being registered...............      9

    23.1      Consent of Vanderkam & Sanders (included in
              Exhibit 5.1)

    23.2      Consent of Arthur Andersen & Co.......................     10