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Wednesday, January 12, 2005

Fujian Provincial Government Selects Jinjiang City as The Model E-Government Project in Fujian

Fujian Provincial Government Selects Jinjiang City as The Model E-Government Project in Fujian

The e-Government Market in Fujian May Reach US$1.476 Billion

WANCHAI, Hong Kong, Jan. 10 /PRNewswire-FirstCall/ -- China Expert Technology, Inc. (BULLETIN BOARD: CXTI) , a company that specializes in providing large-scale network infrastructure construction (mainly for e- government projects) for communities and municipal governments in China today announced that its e-government project in Jinjiang has been selected by the Fujian provincial government as the model e-government project in the province.

On December 29, 2004, Fujian provincial government held a video conference for all officials in charge of e-government construction in the province. The conference focused on summing up the experience and importance in implementing e-government, as well as identifying the model e-government project for other cities and planning out e-government initiatives for 2005.

Mr. Wang Qingfen, the Vice Mayor and official in charge of the e-government project in the Jinjiang city government stated that upon the completion of the 1st phase of e-government construction, several main software systems such as the administration approval system, cooperative office automation and an e-government website etc. could be operated. Furthermore Wang stated that these systems will enhance the efficiency and quality of service of the city government in preparation of documents, approval process, supervision, handling inquiries and press releases, and prevention of bribery.

The e-government project in Jinjiang city has been selected by the Fujian provincial government as a model project in the province based upon its costs saving and significant efficiency brought to the city government.

Amongst 82 counties and cities in the Fujian province, only 4 cities have started its e-government construction. Assuming that each city will invest US$18 million (RMB$150 million) for its e-government construction, the e-government market in the Fujian province will reach US$1.476 billion (RMB$12.3 billion). China has a very large and growing market for e-government.

After the conference many officials in charge of e-government from different cities in the Fujian province contacted China Expert Technology for the purpose of visiting the Jinjiang e-government site and retaining the company for other e-government projects.

About the e-government project:

The e-government project is aimed to establish a national electronic government system, in which the existing and expecting government networks and applied systems can be combined to form united technology standard and regulation and consequently a united national government service platform. The term e-government is a process in which the government is able to take advantage of modern information and communication technologies to integrate the management and service on Internet, optimize and reform the government structures and working processes, and provide good and standard international administration and service to the society beyond time and space limit.

About China Expert Technology, Inc:

CHINA EXPERT TECHNOLOGY, INC. ("CXTI") is a company listed on the OTC Bulletin Board in the USA (Trading Symbol: CXTI) and its subsidiaries (collectively the "Group") situated in Hong Kong and China, are specialized in providing large-scale network infrastructure construction (mainly e-government projects) for communities and municipal governments in China. The Group also utilizes its network with experts from vary universities in China to deploy business and IT consultancy services to corporations in Hong Kong and China. The Group's existing major clients includes municipal governments, government authorities and other technology firms in China. Its income is derived mainly from four areas, e-government, technology achievement appraisal, expert consultation and project database.

Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.


Source: China Expert Technology, Inc.

CONTACT: Tim Clemensen of Rubenstein Investor Relations, Inc.,
+1-212-843-9337, tclemensen@rubensteinir.com, for China Expert Technology,
Inc.; Phoebe Lam of China Expert Technology, Inc., +852-2802-1555,
Fax: +852-2802-9222, phoebe@chinaexpertnet.com


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