China Ventures Inc.: Agreements to Double Market Reach in China.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 10, 2004

China Ventures Inc. (TSX Venture:CHV) today announced a series of marketing agreements with the largest bookstore chain in China, Xinhua Bookstore Corp. (Xinhua). Further, the company announced approvals from several Provincial Education Commissions which will more than double the company's market exposure in China.

The company's three major product categories: the IT series, its kindergarten curriculum and psychology series, currently distributed by its subsidiary, Today's Teacher Technology and Culture Ltd. (TTTC) have been approved for inclusion on the textbook lists of various Provincial Education Commissions. The IT series has been approved for Sichuan, Anhui, Henan, Hubei, Jiangxi and Inner Mongolia; the kindergarten curriculum product has been approved for Sichuan and Inner Mongolia; and the psychology series has been approved for Anhui, Jiangxi, Guangdong and Shanxi Provinces. Two of these new regions, Guangdong and Henan provinces, have a combined population of 167 million people.

Concurrently, TTTC has signed a series of marketing agreements with Xinhua to sell the same three major products in the above provinces. Xinhua is the central government owned retail bookstore chain with 10,000 stores nationally.

Ronald Shon, President, said, "These agreements and approvals are significant for the company because they will increase our competitive advantage over others in the same industry. Being included on these provincial textbook lists enhances our sales distribution process and is the ultimate objective of all textbook producers in China. Very few make it but for those that do, being on these lists is the equivalent of an endorsement by the Provincial education authorities."

Additionally, the company has renegotiated its contract with Cavalcanti Hume Funfer Inc., which saw the cancellation of an aggregate of 1,025,000 incentive stock options granted on January 14, 2003. Of these, 512,000 options were exercisable at a price of $0.13 per share and the balance were exercisable at $0.24 per share.

About China Ventures Inc.

CVI is a Canadian-based company focused on providing educational solutions to various segments of the Chinese economy. The admission of China into the WTO and the granting of the 2008 Olympic Games to Beijing have created a growing demand for education, corporate training and extended learning in China which provides significant business opportunities to CVI. On August 2002, CVI acquired Today's Teachers Technology and Culture Ltd. (TTTC) in China to expand its educational operations. TTTC is a 12-year-old educational product distribution company whose product line includes books, software, audio and video materials, and educational training tools. On September 2003, CVI acquired Northern Education Books Ltd. (NEB) which distributes a series of supplementary textbooks, similar to "Coles Notes," for the high school market.

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FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release -- including, without limitation, statements regarding revenue estimates and future plans and objectives of China Ventures -- are forward-looking statements that are subject to various risks and uncertainties. Forward-looking statements are based on current expectations and analyses, including China Ventures' analysis of its product and distribution system and its expectations regarding the effects of anticipated product and distribution changes and the potential benefits of such efforts and activities on China Ventures' results of operations in future periods. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.