GOVERNMENT CONTRIBUTION PLAN

12 Months Ended

Jul. 31, 2016

GOVERNMENT CONTRIBUTION PLAN [Text Block]

NOTE 8 GOVERNMENT CONTRIBUTION PLAN

The Company participates in a government-mandated multi-employer defined contribution plan pursuant to which certain retirement, medical and other welfare benefits are provided to employees. Chinese labor regulations require the Company to pay to the local labor bureau a monthly contribution at a stated contribution rate based on the monthly basic compensation of qualified employees. The relevant local labor bureau is responsible for meeting all retirement benefit obligations; the Company has no further commitments beyond its monthly contribution.

The outstanding amount was $92,134 and $62,846 for the years ended July 31, 2016 and 2015, respectively.