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Accrued Liabilities and Other Payables (Tables)

6 Months Ended

Jun. 30, 2017

Accrued Liabilities and Other Payables [Abstract]

Schedule of accrued liabilities and other payables

		2017				2016
Employee training, labor union expenditure and social insurance payable		$	778,264			$	760,021
Consulting, auditing, and legal expenses			476,725				468,393
Accrued payroll and welfare			285,452				322,605
Accrued interest			-				1,569
Other			33,019				43,992
Total		$	1,573,460			$	1,596,580

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- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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