China Ventures Inc. Announces Significant New Corporate Strategy.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--April 7, 2004

China Ventures Inc. (TSX VENTURE: CHV), a developer and distributor of educational products throughout China, announced today the implementation of a new corporate strategy to broaden the company's shareholder base by securing a listing on an American Stock Exchange. To assist in this, the Company is pleased to announce that they have retained vFinance Investments, Inc. as their financial advisor.

The company will be filing all required documentation with the relevant regulatory authorities in the United States as soon as its 2003 financial statements have been audited.

VFinance, Inc. is a rapidly growing financial services company that provides research, investment banking, brokerage and trading services to more than 10,000 corporate, institutional and private clients worldwide. The Company has offices in New York, San Jose, Houston, Boca Raton and 24 other cities nationwide. Its subsidiary, vFinance Investments, Inc., is a registered broker-dealer with the SEC and member of the NASD.

http://www.vfinance.com, the Company's Web site, is a leading destination on the Internet for companies seeking capital, as well as institutional and high net-worth investors seeking dynamic high-growth companies. Each year, the site hosts more than one million visitors from over 90 countries. This audience creates a perpetual, global deal stream for vFinance's bricks-and-mortar financial service units and enables vFinance Investments' Research Department to identify emerging trends, market segments and pioneering firms.

Ronald Shon, President, said "We are extremely pleased to have entered into an Investment Banking agreement with vFinance who will provide strategic advice to the company, assist us in raising capital as well as support our efforts in obtaining a listing on a United States exchange. We believe that the company is now ready for greater exposure because of our current performance and future potential, and because of our exciting new initiatives in the Chinese marketplace. While the new initiatives are still in the education space, they will have the potential to significantly change the nature of the business and increase revenues and profitability in a meaningful way. Also, given the nature of the opportunity and the appreciation that the U.S. investment community has of Chinese businesses, management believes that steps should be taken to facilitate the involvement of U.S. investors."

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.