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ACCRUED EXPENSES AND OTHER PAYABLES (Tables)
3 Months Ended
Sep. 30, 2014
Payables and Accruals [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]
Accrued expenses and other payables consist of the following:
 
 
 
September 30,
 
June 30,
 
 
 
2014
 
2014
 
Payroll payable
 
$
7,964
 
$
7,964
 
Welfare payable
 
 
166,727
 
 
166,727
 
Accrued expenses
 
 
3,205,855
 
 
2,948,727
 
Other payables
 
 
904,332
 
 
1,049,783
 
Other levy payable
 
 
135,872
 
 
135,872
 
Total
 
$
4,420,750
 
$
4,309,073