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FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

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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Tabular disclosure of assets vair value.

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