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PROPERTY AND EQUIPMENT, NET (Table)

6 Months Ended

Jun. 30, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Property and equipment consist of the following:

	June 30,			December 31,
	2012			2011
	US$			US$
Buildings		1,339,105			1,349,624
Land use rights		305,894			308,297
Plant and machinery		2,950,418			2,973,593
Automobiles		43,527			43,869
Office and computer equipment		476,328			503,833
		5,115,272			5,179,216

Less: Accumulated depreciation and amortization		(2,051,906	)		(1,830,683	)
Property and equipment, net		3,063,366			3,348,533

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details