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Accrued Liabilities and Other Payables (Tables)

6 Months Ended

Jun. 30, 2018

Accrued Liabilities and Other Payables [Abstract]

Schedule of accrued liabilities and other payables

		2018				2017
Employee training, labor union expenditure and social insurance payable		$	841,388			$	852,316
Consulting, auditing, and legal expenses			482,581				480,057
Accrued payroll and welfare			258,710				261,793
Other			16,192				24,150
Total		$	1,598,871			$	1,618,316

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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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