China Ventures Inc. Issues Update on Educational Platform and is Named as One of the Top 100 Fastest Growing Companies in British Columbia.

VANCOUVER, British Columbia -- China Ventures Inc. (TSX VENTURE:CHV) is pleased to update shareholders on www.cersp.com (www.csoll.com), its web-based education resources platform, which is the first of its kind in China. As previously announced, the site received in excess of 205,000 visits by July 14, 2004. As at the end of September, the number of visits has increased to in excess of 1,200,000.

The Company is also pleased to announce that it is working with a team designated by the Chinese Ministry of Education (MOE). This team developed a new technical course which the MOE has recently mandated that all senior high school students in China must take by fall 2005. China Ventures Inc. subsidiary, Today's Teachers Technology and Cultural Ltd. (TTTC) has recently hired the team to work as consultants for the Company. There are currently 32,430,000 senior high school students in China according the MOE. The technical course is intended to prepare students for life in China's new economy and offers content in a wide range of subject areas such as automobile mechanics, home economics, manufacturing, computer technology, home repairs. This course is similar to one which is currently being offered in the Ontario school system.

While the textbooks for the technical course are readily available throughout China, the materials used by teachers to better teach the course and the supplementary materials used by both teachers and students to better understand the course content are currently only available on www.cersp.com.

The plan of the MOE is to test the course content initially in four provinces: Hainan, Shangdong, Guangdong and Ningxia and when the test period is over in 2005 institute the mandatory requirements for all senior high school students in an additional ten provinces, and by 2007, for all provinces in China.

At the present time, only students in Hainan are taking the course. The Company's plan is to work with the education commissions of the other provinces to familiarize them with the services and resources available on www.cersp.com so that they will adopt the platform as a resource to help them deliver the course in their respective school systems.

While the company fully intends to generate revenue from the downloading of materials on the technical course in 2005, a pricing model has not yet been developed. The Company's pricing policy will be developed in consultation with various levels of government.

Ronald Shon, President, said "We believe that the opportunity to deliver material on the new technical course will be a significant one for the Company, as we are currently the only source of important supplementary materials for this mandatory course. We are working with various levels of the education system in China and believe we are satisfying a genuine need. Such a scenario should result in a win-win situation."

Separately, the Company is pleased to announce that similar to last year it has been named by the Vancouver Sun newspaper as one of the 100 fastest growing companies in the province. C.F. Zhou, Chairman, said "We are very proud of this award and with continued hard work and progress in China; we think we will be able to achieve the same success this time next year."

About China Ventures Inc. ("CVI")

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.

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