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FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2014

FAIR VALUE MEASUREMENTS (Tables)

Assets Fair Value

.  The Company held the following assets recorded at fair value as of September 30, 2014 and December 31, 2013: 

						Fair Value Measurements at
						Reporting Date Using
Description		September 30, 2014				Level 1				Level 2				Level 3
Banker's acceptance notes		$	116,047			$	-			$	116,047			$	-
Total		$	116,047			$	-			$	116,047			$	-
						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			$	-

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Tabular disclosure of assets vair value.

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