China Ventures Expands Market Reach in China by Adding Sales to Three New Education Commissions: Hubei Province, Jiangxi Province and Tianjing City Commit to CVI IT Textbook.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--July 2, 2003

China Ventures Inc. (TSX Venture:CHV) today announced that it has contracted to deliver 1,680,230 copies of its IT textbook to a number of Education Commissions by July 20, 2003, including new customers Hubei Province, Jiangxi Province and Tianjing City. These sales should exceed the 2002 year total for the same publication.

Ronald Shon, China Venture's President, commented, "These contracts tend to prove that our 11 years of relationship-building with Education Commissions is paying off. These partnerships are allowing us to better understand curriculum needs and educational materials requirements. We will continue to focus on IT as a growing curriculum opportunity. Our revenue development model is in place and we expect that our sales in the IT textbook area this year should exceed 2002 sales by 60% and that sales in our other product categories should also increase significantly in the next 2 to 3 years."

China Ventures' Today's Teachers Technology and Culture Ltd. ("TTTC") subsidiary is unique in the educational products distribution market in China because of its excellent contact base of 800,000 school education administrators, teachers, authors and government officials on a national, provincial and municipal level. TTTC is now aggregating business opportunities in the 230,000,000 student/10,000,000 teacher K-12 textbook market, by pioneering and then exploiting curriculum, publishing and distribution models.

About China Ventures Inc.

The admission of China into the WTO and the granting of the 2008 Olympic Games to Beijing have created a significant and growing demand for education, corporate training and extended learning in China. CVI is a Canadian-based company focused on providing these much needed educational solutions to various segments of the Chinese economy in an effort to assist in China's globalization and movement to an open market economy. CVI will continue to work with leading North American education providers and institutions to provide quality educational programs and course materials to its growing client base in China.

About Today's Teachers Technology and Culture Ltd. ("TTTC")

TTTC is an 11-year-old educational product distribution company. Its product line includes books, software, audio and video materials, and educational training tools. This company develops teaching materials and textbooks based on the various research projects conducted by the Ministry of Education (MOE) and works very closely with educational committees at the national, provincial and local levels which approve textbooks for use in the Chinese school system.

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