NOTE 6 - LOANS PAYABLE, UNSECURED (Tables)

9 Months Ended

Sep. 30, 2016

Short and Long Term Loans Payable To Third parties

	September 30, 2016		December 31, 2015

Loans payable to certain individuals and financial institution in the PRC, unsecured:

Equivalent to RMB5,417,967 (2015: RMB 3,000,000) with interest rate at 2.7% per annum, payable at its maturity, due August, 2019	$	812,364	$	462,200

Equivalent to RMB7,400,000 (2015: RMB 7,400,000) with interest rate at 2.7% per annum, payable at its maturity, due May, 2018		1,109,548		1,140,093

Equivalent to RMB5,800,000 (2015: RMB 8,800,000) with interest rate free, payable at its maturity, due June 30, 2017		869,646		1,355,786

Equivalent to RMB2,000,000 (2015: RMB 2,000,000) with interest rate free, payable at its maturity, due April 13, 2017		299,878		308,133

Equivalent to RMB3,440,000 (2015: RMB 3,740,000) with interest rate at the bank of China Benchmark Lending Rate, payable at its maturity, due July 17, 2016		-		576,209

Equivalent to RMB3,490,000 with interest rate at the bank of China Benchmark Lending Rate, payable at its maturity, due July 26, 2017		523,287		-

Equivalent to RMB5,000,000 (2015: RMB 5,000,000) with interest rate at the bank of China Benchmark Lending Rate, payable at its maturity, due May 13, 2017		749,695		770,333

Equivalent to RMB60,892 (2015: 887,305) with effective interest rate at 8.97% per annum, payable with monthly principal and interest payments, due February 28, 2017		-		136,704

Equivalent to RMB275,372 (2015:552,324) with effective interest rate at 1.75% per month, payable with monthly principal and interest payments, due April 10, 2018		41,289		85,094

Equivalent to RMB29,000,000 with effective interest rate at 4.79% per annum, payable with monthly principal and interest payments, due December 29, 2016		4,348,230		-

Equivalent to RMB6,975,701, interest free, payable at its maturity due June 30, 2016		-		1,074,723

Equivalent to RMB640,000, interest free, payable at its maturity, due March 7, 2018		95,961		98,602

Equivalent to RMB324,709, interest free, payable at its maturity, due March 7, 2017		48,687		50,028

Equivalent to RMB156,900 , interest free, payable at its maturity, due March 11, 2017		23,525		-

Equivalent to RMB500,000 , interest free, payable at its maturity, due March 11, 2017		74,970		-

Equivalent to RMB6,000,000, interest free, payable at its maturity, due December 31, 2017		899,634		-

Total current and long-term liabilities		9,896,714		6,057,905
Less: long-term portion		(14,424)		(69,542)

Total current liabilities	$	9,882,290	$	5,988,363

China Shouguan Investment Holding Group Corp 10-Q/A