Gains and Loss in Beijing Olympic Games

Sunday, August 3, 2008 8:17
Posted in category Industry Review

By hosting the 2008 Olympics, China obtains a great chance to show the world its technology, economic development and young generations. The Government of China is getting a lot of positive PR from the games.
The Beijing 2008 Olympic Games will bring various opportunities of development to all kinds of business. Hosting the game will greatly help boost China’s domestic markets. To maximize these great opportunities, the government of China has made a strategic plan in advance, especially on how to turn Beijing National Stadium and Water Cube into main culture and tourism centers.
However, although some industries, with the tourism industry being the representative, can benefit a lot from the Olympics, it has repeatedly mentioned by many people that there are according huge losses for several other industries due to the strict limits on production during the Games across the Mainland. For example, the strict limits on the cars number on the roads during the Games have made many companies suffering from stock problems due to the transportation or delivery failures. Meanwhile, the shutdown or curtail of industrial output is likely to extend across the country.

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