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LONG-TERM INVESTMENTS (Details Narrative) - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Impairment loss on investments | $ 0 | $ 0 | $ 0
Operating income loss | $ 9,567,099 | 9,482,256 | 8,317,465
Xiamen Blue Wave |  |  |
Equity interest | 20.00% |  |
Ownership percentage diluted | 15.00% |  |
Carrying value of cost method investment | $ 1,839,109 | 1,720,134 | 1,744,566
Fujian Youth |  |  |
Equity interest | 48.50% |  |
Carrying value of cost method investment | $ 75,559 | 7,167 | 7,269
Operating income loss | $ 27,693 | $ 0 | $ 0
Renchao Huyu |  |  |
Equity interest | 49.00% |  |
Shanghai |  |  |
Equity interest | 51.00% |  |

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