INCOME TAXES (TABLES)

12 Months Ended

Dec. 31, 2012

INCOME TAXES (TABLES)

Foreign Components Of Loss Before Income Taxes

	Years ended December 31,
	2012		2011
Tax jurisdictions from:
- Local	$	(49,393)	$	-
- Foreign, representing
British Virgin Island		(87,908)		(56,788)
Hong Kong		(3,153)		(10,583)
The PRC		(1,234,478)		(2,226,854)
Loss before income taxes	$	(1,374,932)	$	(2,294,225)

The Provision For Income Taxes

	Years ended December 31,
	2012		2011
Current:
- Local	$	-	$	-
- Foreign, The PRC		322,091		323,317
Deferred:
- Local		-		-
- Foreign		-		-
Income tax expense	$	322,091	$	323,317

Reconciliation Of Income Tax Rate To The Effective Income Tax Rate

	Years ended December 31,
	2012		2011
Loss before income taxes	$	(1,234,478)	$	(2,226,854)
Statutory income tax rate		25%		25%
Income tax expense at the statutory rate		(308,620)		(556,714)
Net operating loss not recognized as deferred tax asset		335,892		456,188
Non-deductible items		443,928		420,586
Tax adjustments		(148,299)		3,257
Income tax expense	$	322,901	$	323,317

Deferred Tax Assets

	As of December 31,
	2012		2011
Deferred tax assets:
Net operating loss carryforwards from the PRC	$	396,727	$	256,411
Less: valuation allowance		(396,727)		(256,411)
Deferred tax assets	$	-	$	-