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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Foreign Currency Translation (Details) - ¥ / $ | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |
At end of the period - RMB | 6.9668 | 6.8778 | 6.5075
Average rate for the period ended - RMB | 6.9072 | 6.6187 | 6.7588

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- Definition Foreign exchange rate used to translate amounts denominated in functional currency to reporting currency. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6897108&loc=SL6897125-166521 + Details
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