SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2014

Property, Plant and Equipment Estimated Useful Lives and Residual Value [Table Text Block]

	Years	Residual value
Buildings and improvements	5 - 20	5%
Machinery	10	5%
Office equipment	3 - 5	5%
Motor vehicles	5	5%

Schedule of Land Use Rights Estimated Useful Lives [Table Text Block]

	Years	Residual value
Land use right	46	0%