PREPAYMENTS AND OTHER RECEIVABLES

9 Months Ended

Sep. 30, 2014

PREPAYMENTS AND OTHER RECEIVABLES [Text Block]

5. PREPAYMENTS AND OTHER RECEIVABLES

Prepayments and other receivables consist of the following:

		September 30,		December 31,
		2014		2013
		(Unaudited)
Prepayments	$	3,575,258	$	1,323,926
Other receivables		402,338		259,277
	$	3,977,596	$	1,583,203

The prepayments were mainly paid to their suppliers in advance for raw materials purchased.