PREPAYMENT AND OTHER CURRENT ASSETS
|6 Months Ended|
Jun. 30, 2017
|Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]|
|Other Current Assets [Text Block]||
3. PREPAYMENT AND OTHER CURRENT ASSETS
Prepayment and other current assets mainly consist of the prepaid services for development, maintenance of online trading system, the advertising and promotional services, prepaid financial advisory and banking services, as well as other current assets. The prepayment was $1,140,497 and $968,446 as of June 30, 2017 and December 31, 2016, respectively.