China Ventures Inc.: Major New Initiative-Start of National Kindergarten School Chain.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 18, 2004

China Ventures, Inc. (TSX VENTURE:CHV), announced the launching of a national chain of schools to be called "The New Happiness Kindergarten Schools" following a recent decision by the Chinese Central Government to encourage private capital investment into the kindergarten sector.

CVI's Chinese subsidiary, Today's Teachers Technology and Culture Ltd. (TTTC), already a leading provider of kindergarten education materials, has secured an agreement in principle to acquire a 70% interest for $200,000 CDN in a kindergarten school currently owned by the Tianjian Kindergarten Teachers' College. This school will be converted to become the first New Happiness Kindergarten. This agreement is subject to Board approval.

Currently, China has approximately 180,000 kindergarten schools for 27 million students. CVI's strategy in this new initiative is to acquire a majority equity interest in existing kindergarten schools, exclusive of land and buildings, and train the teachers to use TTTC's leading edge, bilingual curriculum materials.

The company's goal is to have up to 3,000 top level kindergarten schools nationwide in China, with an aggregate enrollment in excess of 600,000 students, each of whom it is anticipated will spend from $50 CDN to $500 CDN annually for curriculum materials and $2,000 CDN to $20,000 CDN for tuition.

Ronald Shon, President, said, "We are extremely excited to participate in this growing area. The successful implementation is anticipated to provide an ongoing and increasing stream of cash flow for the company. Given the tremendous growth of the Chinese education market and our ability to provide market-sensitive products, we believe that this initiative will add significantly to shareholder value."

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.

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.