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SUMMARY OF PRINCIPAL ACCOUNTING POLICIES (Property, Plant and Equipment) (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Property, plant and equipment      
Interest expense capitalized $ 87,478 $ 1,757,547 $ 2,825,879
Buildings and plant [Member]      
Property, plant and equipment      
Estimated useful lives 30 years    
Machinery and equipment [Member]      
Property, plant and equipment      
Estimated useful lives 15 years    
Furniture, fixtures and equipment [Member] | Minimum [Member]      
Property, plant and equipment      
Estimated useful lives 3 years    
Furniture, fixtures and equipment [Member] | Maximum [Member]      
Property, plant and equipment      
Estimated useful lives 5 years    
Motor vehicles [Member]      
Property, plant and equipment      
Estimated useful lives 6 years