Greater China Capital Inc. Announces Appointment of New Director

TORONTO, Feb. 29, 2012 /CNW/ - Greater China Capital Inc. ("Greater China") (TSXV: GCA.P), a capital pool company listed on the TSX Venture Exchange ("TSXV"), announced today that Mr. Richard Quance has been appointed to the board of directors, subject to final approval of the TSXV.  Mr. Quance is a partner at the law firm of Himelfarb Proszanski LLP and has been practicing law for over 20 years in matters involving commercial and civil litigation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Please contact: Mr. Charles Qin, President and Chief Executive Officer [phone].