New China Ventures Ltd. Press Releaseshttp://5451.hostedpr.comenNew China Ventures Commences Negotations to Acquire a 20% Interest in the Xinyu City Water Utility in Jiangxi Province, Chinahttp://5451.hostedpr.com/p/pr/21108New China Ventures Ltd. (OTC PK: NCVL), a Chinese water company involved in infrastructure development, consultancy and ancillary products and services, announces that negotiations have commenced to acquire a 20% interest in the municipal water system in Xinyu City, Jiangxi Province in central eastern China.