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ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)
6 Months Ended
Jun. 30, 2012
Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consist of the following:

 

    June 30,     December 31,  
    2012     2011  
Accounts payable   $ 3,833,602     $ 3,645,804  
Salary payable     139,024       132,454  
Social security insurance contribution payable     50,834       39,129  
Amount due to a contractor     762,227       1,422,042  
Price adjustment funds     1,396,366       1,031,685  
Other payables     1,374,095       1,102,529  
Total   $ 7,556,148     $ 7,373,643