China Ventures Inc. Announces the Appointment of a New Director.

Business Editors & High Tech Writers

VANCOUVER, Canada--(BUSINESS WIRE)--March 11, 2002

China Ventures Inc. (CVI) (CDNX:CHV) is pleased to announce the appointment of Ms. Wang Li to the Board of Directors. A resident of Beijing China, Ms. Wang is Executive Director of China's Stock Exchange Executive Council (SEEC) and Managing Director of SEEC Holdings Limited (SEEC Holdings). She was formerly Executive Vice President of China's CITIC Industrial Bank, the sixth largest bank in China. In addition to her wealth of experience in the financial services and securities market, Ms. Wang also brings the cooperation of the SEEC Holdings Ltd. and its subsidiaries to China Venture's operations in Mainland China.

"We are very proud to have Ms. Wang accept an invitation to join the Board of Directors. She has worked in the Chinese financial markets for about 20 years and is one of the founders of SEEC Holdings, a firm that pioneered the development of China's debt and equity markets. I believe that the active involvement of Ms. Wang and SEEC Holdings will be invaluable in several ways. Firstly, with its well-established reputation, marketing and distribution system, SEEC Holdings and its subsidiaries will provide CVI with an enormous opportunity to deliver an increased number of financial training courses and to gain exposure to the Chinese investment community which is growing at a very rapid pace. Secondly, as CVI's business expands in China and the requirements for capital increase, the SEEC and Ms. Wang will be excellent allies, as, if and when, we tap the Chinese capital markets for funds," said Chengfeng Zhou, Chairman of CVI.

China Ventures also wishes to announce the resignation of Mr. Thomas R. Kennedy from the Board of Directors. The company wants to thank Mr. Kennedy for his valuable input and wishes him well in his future endeavors.

About the SEEC Holdings Limited

The SEEC Holdings is one of the largest investment and financial media groups in China. It was founded to set up China's securities markets and promote the country's financial and investment system restructuring. It submitted to China's authorities a pioneering proposal for facilitating a regulated securities market in China and undertook the first feasibility study on establishing stock exchanges in China and joined the municipal governments in Shanghai and Shenzhen in designing and establishing their securities exchanges. It gave impetus to the operation of government bond underwriting syndication and for three consecutive years, acted as chief coordinator for the government bond syndicates, which underwrote a total of $1.14 billion US in government bonds. It also planned and coordinated the unprecedented operation of transforming a Chinese joint stock company into a Sino-foreign joint stock company, Guangxi Yuchai Machinery Company Limited, bringing in a total of $52 million in foreign investment.

In addition to fund management, investment banking and corporate finance, where it manages over US$500 million in funds and has raised over US$2.5 billion for its corporate clients, SEEC Holdings is also one of China's leading financial media organizations publishing three of the most popular financial publications in China: the Caijing Times, (Business Post, daily), Securities Market Weekly, and Caijing Magazine (one of most influential bi-weekly financial magazines in China). SEEC Holdings also operates China's top financial website www.homeway.com.cn and is heavily involved in training and education through its subsidiary China Securities Industry Institute (CSII) which is one of China's leading providers of financial training courses, seminars and conferences having trained over 40,000 people in China's securities industry.

About China Ventures Inc.

The admission of China into the WTO, the granting of the 2008 Olympic Games to Beijing and the movement of China to an open market economy has created huge growth and demand for corporate training, extended learning and the upgrading of China's public education system. China Ventures Inc. directly and through its joint ventures provides educational content, programs and investment to meet the growing demand. Initially focused on financial service and K-12 markets, CVI complements its traditional classroom and computer based education programs with its significant investments in China's textbook and educational software publishing sector. Combining its access to North American providers with its own in house development, CVI delivers quality programs and course materials to its growing client base in China.

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This press release contains certain forward-looking statements that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.