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CONSTRUCTION IN PROGRESS
12 Months Ended
Dec. 31, 2013
CONSTRUCTION IN PROGRESS [Text Block]

8. CONSTRUCTION IN PROGRESS

Construction in progress of $6,609,918 and $6,831,894 as of December 31, 2013 and 2012 respectively mainly consisted of land under development and construction of the entertainment, culture, and casino facility in Shandong Province, which will be transferred to fixed assets in SD Chaoying when construction is completed. As of December 31, 2013 and 2012, land use rights in the amounts of $2,618,333 and $2,512,539 were classified under construction in progress for the commercial property and residential unit sites under construction, and the remaining $628,193 and $627,121 for partial operation of the commercial property was classified under intangible assets subject to amortization.