XML 23 R11.htm IDEA: XBRL DOCUMENT v3.7.0.1
Prepayments and Other Receivables
 3 Months Ended
Mar. 31, 2017
Prepayments and Other Receivables [Text Block]
5.

Prepayments and Other Receivables

   
 

Prepayments and other receivables as of December 31, 2016 and March 31, 2017 consisted of the following:

 

 

   December 31,     March 31,  
 

 

   2016     2017  
 

Value added tax recoverable

 $ 6,238,056   $ 6,404,298  
 

Prepayments to suppliers

   148,247     270,675  
 

Deposits

   28,763     108,265  
 

Staff advances

   46,572     101,037  
 

Prepaid operating expenses

   220,713     265,101  
 

 

   6,682,351     7,149,376  
 

Less: Allowance for doubtful accounts

   (7,000 )   (7,000 )
 

 

 $ 6,675,351   $ 7,142,376