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ACCRUED EXPENSES AND OTHER PAYABLES (Tables)
6 Months Ended
Dec. 31, 2014
Payables and Accruals [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]
Accrued expenses and other payables consist of the following:
 
 
 
December 31,
 
June 30,
 
 
 
2014
 
2014
 
Payroll payable
 
$
7,979
 
$
7,964
 
Welfare payable
 
 
167,035
 
 
166,727
 
Accrued expenses
 
 
4,250,322
 
 
2,948,727
 
Other payables
 
 
944,064
 
 
1,049,783
 
Other levy payable
 
 
136,123
 
 
135,872
 
Total
 
$
5,505,523
 
$
4,309,073