Beijing Olympic Economy Essay example

1558 Words 7 Pages
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
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The operation of the Olympic Games has its commercial operation rules, it uses the method of giving after fetching, mutual reciprocity and mutual benefit; it gives some economic benefits to the host city, at the same time it has strict control on the market development of the host city. Therefore, to develop the Olympic economy, we should not only follow the operation rules of the IOC (International Olympic Committee), but also fully utilize the added value of the rules to develop our own economy.

The Olympic economy has the demanding characteristic; its economic phenomenon with clear sector, clear level and clear market is determined by the demand. For instance, the clear sector mainly includes the infrastructure construction, environment improvement, tourism service, electronic information industry, etc. The cleat lever mainly includes those of IOC rules, OCOG administration, the city and the market. The clear market is mainly includes the preparatory market (the space of the service trade), after-match market(the development of tourism, culture and sports industry),etc.

II. Markets demanded by the Olympic Games
It can be inferred from the abovementioned characteristics of Olympic economy that the /Olympic economy that the Olympic business opportunity is determined by the demand .So, if we lay stress on the