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FAIR VALUE MEASUREMENTS (Tables) | 12 Months Ended
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Dec. 31, 2013
FAIR VALUE MEASUREMENTS (Tables) |
Assets Fair Value | The Company held the following assets and liabilities recorded at fair value as of December 31, 2013 and 2012:
|  |  |  |  | Fair Value Measurements at |
|  |  |  |  | Reporting Date Using |
Description |  | December 31, 2013 |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Banker's acceptance notes |  | $ | 336,003 |  |  | $ | - |  |  | $ | 336,003 |  |  | $ | - |
Total |  | $ | 336,003 |  |  | $ | - |  |  | $ | 336,003 |  |  | $ | - |
|  |  |  |  |  | Fair Value Measurements at |
|  |  |  |  |  | Reporting Date Using |
Description |  | December 31, 2012 |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Banker's acceptance notes |  | $ | 101,570 |  |  | $ | - |  |  | $ | 101,570 |  |  | $ | - |
Total |  | $ | 101,570 |  |  | $ | - |  |  | $ | 101,570 |  |  | $ | - |

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- Definition Tabular disclosure of assets vair value. + References No definition available. + Details
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- Details
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