Beijing Olympic Economy Essay

Beijing Olympic Economy Essay

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On July 13, 2001, Beijing delegation of application for organizing the Olympic Game made its last statement in Moscow. Deng Yaping, the image messenger for applying for the Olympic Games and famous Ping-pang player, stated in her report,“in the torch relay in Sydney, a little boy came up to me, when he touched the torch, his eyes immediately became bright. I can feel that at that time his whole life has changed…”

Someone sums up Deng Yaping’s statement as: The Olympic Games can change the whole life of a person.

Someone further inferred: The Olympic Games can not only change the whole life of a person but also can change an enterprise, change a city and even change a country.

The Olympic economy, as its name said, is the economic phenomenon brought by the Olympic Games, and its essence is economic behavior caused by the commercial operation of the Olympic Game and the considerable economic benefits brought to the host city. Thus making the current Olympic Games become the world focus for which many countries, regions and cities are contending. Of course ,the analysis of this economic benefits is not only confined to how much money the host country can make from the Olympics itself, but also refers to the economic development process of the host city or the host country.

I. The economic characteristics of the Olympic Games coverage.

Periodicity
It is generally thought that the periodicity is 7 years, i.e., from the time of successful application to the time of hosting, the period is 7 years, during which the economic phenomena such as influence, focus, development, benefit, etc. have the obvious periodical characteristics.

Effectiveness for a given period of time
Economic development is restricted by the spee...


... middle of paper ...


...autification and housing decoration market brought by the investment of Olympic infrastructures, and the green agricultural market and revenant finance and logistics market, etc. brought by the Green Olympics

As to the small and medium-sized enterprises, they should particularly pay attention to the market opportunity left by the big companies which are the main participants of the direct demanding market of the Olympics; they should exert their own advantages, and do the assistant work for the big companies or big projects, and this businesses also promising.
The market is tangible and the business opportunity is invisible, so the key issue is to develop; the basis of development is planning, so we hope more knowledgeable people could contribute themselves to the development and planning work, grasp the tangible market and create boundless business opportunities.

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