XML 41 R25.htm IDEA: XBRL DOCUMENT
v3.19.1

Contingencies | 12 Months Ended
--- | ---
Dec. 31, 2017
Contingencies [Abstract] |
CONTINGENCIES | 19. CONTINGENCIES The Company’s operations in the PRC are subject to specific considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environments and foreign currency exchange. The Company’s results may be adversely affected by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things. The Company’s sales, purchases and expense transactions are denominated in RMB and all of the Company’s assets and liabilities are also denominated in RMB. The RMB is not freely convertible into foreign currencies under the current law. In China, foreign exchange transactions are required by law to be transacted only by authorized financial institutions. Remittances in currencies other than RMB may require certain supporting documentation in order to make the remittance. The Company sells electricity to its customers and receives commercial notes (bank acceptance) from them in lieu of payments for accounts receivable. The Company discounts the commercial notes with the bank or endorses the commercial notes to vendors for payment of their own obligations or to get cash from third parties. Most of the commercial notes have a maturity of less than six (6) months. As of December 31, 2017, the Company had outstanding notes receivable of $979,462, and endorsed notes receivable to vendors of $1.41 million; at December 31, 2016, the Company had outstanding and endorsed notes receivable of $0.

X
- References No definition available. + Details
Name: | creg_ContingenciesAbstract
Namespace Prefix: | creg_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Contingencies Disclosure [Text Block] + References No definition available. + Details
Name: | creg_ContingenciesDisclosureTextBlock
Namespace Prefix: | creg_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration