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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]  
Commitments for Minimum Lease Payments Under Operating Leases
The Company’s commitments for minimum lease payments under these operating leases for the next five years and thereafter as of December 31, 2013 are as follows:
 
Payable within:
 
 
 
- fiscal year ending December 31, 2014
 
$
21,650
- fiscal year ending December 31, 2015 and thereafter
 
 
-
Total
 
$
21,650
Unrecorded Unconditional Purchase Obligations Disclosure
Capital commitments  – contracted but not provided for 
 
 
 
As of December 31,
 
 
 
2013
 
2012
 
Acquisition or construction of buildings - within one year
 
$
552.412
 
$
-
 
Purchase of machinery - within one year
 
 
309,994
 
 
365,922
 
 
 
$
862,406
 
$
365,922