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NOTE RECEIVABLES | 6 Months Ended | 12 Months Ended
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Jun. 30, 2021 | Dec. 31, 2020
NOTE RECEIVABLES |  |
NOTE 10 - NOTE RECEIVABLES | NOTE 10 - NOTE RECEIVABLES As of June 30, 2021, Note receivables consist of the following:
|  | June 30, 2021 |  |  | December 31, 2020 |
Note receivables |  | $ | 3,665,808 |  |  | $ | 3,097,981 |
|  | $ | 3,665,808 |  |  | $ | 3,097,981 |
Note receivable is related to the short-term loan of RMB 30 million (approximately of US$4.65 million) to a third party with annual interest of 5%, which will be matured on November 4, 2021. The accrued interest and principal amount of the loan for the period ended June 30, 2021 and December 31, 2020 are as follow:
|  | June 30, 2021 |  |  | December 31, 2020 |
Principal |  | $ | 3,589,156 |  |  | $ | 3,064,336 |
Accrued interest |  |  | 76,652 |  |  |  | 33,645 |
|  | $ | 3,665,808 |  |  | $ | 3,097,981 |
| NOTE 7 - NOTE RECEIVABLES As of December 31, 2020, Note receivables consist of the following:
|  | December 31, 2020 |  |  | December 31, 2019 |
Note receivables |  |  | 3,097,981 |  |  |  | - |
Note receivable is related to the short-term loan of RMB 20 million (approximately of USD 3.1 million) to a third party with annual interest of 5%, which will be matured on November 4, 2021. As at December 31, 2020, the accrued interest for the loan is $33,646.

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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