The Representatives Of The: China Will Not Suffer From “post

Awareness that economic, 2008 Olympics Let all the world’s eyes toward Beijing, to invest in China, the Olympic business opportunities are rolling. Some representatives in Beijing to participate in two sessions, the members said that Wealth Effects will continue to ferment, the Chinese economy will not suffer from “post-Olympic downturn disorder.”

Olympic sustained wealth effect Modern Olympic Games host city and even the host country’s role in promoting economic growth significantly, especially for Travel Industry, Service Industry, the sports industry and other industries a huge role in pulling. Statistics show that in 1996 Atlanta Olympic Games, to bring Georgia’s total benefit 5.1 billion; 2000 Olympic Games in Sydney, Australia, New South Wales to bring 63 billion dollars in revenue. According to analysis, the 2008 Olympic Games will make China’s economic growth rate an additional 0.3%, while the Beijing Olympics boost GDP growth as 2 to 3 percentage points.

“Beijing is the capital of a developing country, its hosting of the Olympic orientation and urban development is consistent, organized urban construction of Beijing Olympic Games have played a positive role in promoting.” National People’s Congress, Beijing Municipal Development and Reform Commission Zhang so that work. He said that this year Beijing to vigorously strengthen urban infrastructure construction, energy infrastructure, built a large hub Transformer substation , Gas pipelines, large oil tanks, etc.; road traffic, rail transit construction and greatly speed this year, Beijing will be achieved through mere speed; Olympic Games in Beijing is also promoting the industrial structure better and faster adjustment. “The hosting of the Olympic Games, Beijing and the deepening of international integration, Beijing will have more opportunities with foreign enterprises Cooperation . ”

National People’s Congress, Beijing, Wang Wei, BOCOG Executive Vice-President also said that the Olympic Games to the world better understand China and Beijing, not only for Beijing to promote the tourist industry will be the promotion of tourism across the country. “Like the United States Olympic Host Broadcaster NBC is one of the current, its coverage throughout China during the Olympic Games will use well-known landscape as background, this is actually propaganda from the Chinese side will also promote the exchange of all parts of China and the world trade. ”

“Earnings for the 2008 Olympic Games, is not a good forecast, but at least the balance of payments is no problem.” Zhang told reporters working with confidence.

No “post-Olympic downturn,” Although the Beijing Olympic Games has not “fired”, but it was after the Olympic Games may be a temporary decline in the economy to worry about. “After the Beijing Olympics will not be the low state.” Zhang told reporters working for sure. He said that the Olympic Organizing Committee has already held six previous analysis carried out, the so-called Olympic dip effect, is the host city for the Olympic Games held in the Olympic preparations and the former, because a large number of Investment Demand brought about opportunities; and the Olympic Games, as demand weakened, leading to economic growth, employment, temporary fluctuations.

“But Beijing will not happen, because if there is low development stage effects and the host city. Beijing as the capital of the fast-growing developing countries, rapid development is not hosting the Olympic Games are the Olympic Games is only accelerated this process. “Zhang Gong said. In addition, and after the Olympic trough effect is related to the host city’s population size and the size of the market. 6 th Olympic Games held before the basic urban population in the 3 million to 6 million, while the permanent population of Beijing has more than 16 million a year. “Beijing is a large city, population, demand.”

Sixth Beijing Olympic Games is also actively examining the lessons learned, such as Venues Construction on the project legal person with Tender System, which effectively dissolved the government and enterprises. In addition, after the Olympic host city’s economic performance, but also to some extent with the situation in which the relevant regional or national development. “China is now undergoing a very rapid development of ‘post-Olympic downturn’ fears are unnecessary.” Zhang Gong said.

Wang also told reporters that China’s economy will not decline after the Olympic Games, the Olympic tourism industry, building materials industry, the sports industry, a great driving force of service and other industries. “This role will continue to play in the Olympics after the impact, such as the Sydney and Athens Olympic Games, the tourism industry still maintained a significant growth.”

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