Principles of Consolidation

9 Months Ended

Sep. 30, 2015

Principles of Consolidation [Abstract]

NOTE 4

PRINCIPLES OF CONSOLIDATION

The accompanying consolidated financial statements for the nine months ended September 30, 2015 and 2014 include the financial statements of China Xingbang, its wholly owned subsidiaries, Xingbang BVI, Xingbang HK and the WFOE, its contractually controlled affiliate, Guangdong Xingbang, and Xinyu Xingbang which is 50% owned by Guangdong Xingbang and 50% owned by WFOE.

All significant inter-company accounts and transactions have been eliminated in consolidation.