Short-Term Bank Loans (Tables)

12 Months Ended

Dec. 31, 2017

Short-Term Bank Loans / Convertible Note Payable

Schedule of short-term bank loans

	December 31, 2017		December 31, 2016
Loan from Jiangsu Huishan Mintai Village Town Bank, due on July 5, 2017 with annual interest rate of 10.56% and repaid on May 26, 2017	$	-	$	719,963
Loan from Bank of Communications, due on September 5, 2017 with annual interest rate of 5.62% and repaid on September 5, 2017		-		719,963
Loan from Bank of China, due on December 4, 2018 with annual interest rate of 6.09%, secured by certain assets of the Company		384,172		359,982
Loan from Bank of China, due on December 6, 2018 with annual interest rate of 6.09%, secured by certain assets of the Company		384,172		359,981
Loan from Bank of Wuxi Nongshuang, due on April 25, 2018 with annual interest rate of 5.87%, secured by certain assets of the Company		691,510		-
Loan from Bank of Communication, due on September 25, 2018 with annual interest rate of 5.85%, secured by certain assets of the Company		614,675		-
Total short-term bank loans	$	2,074,529	$	2,159,889