Olympic Economy:A huge tempetation

China
April 1, 2008 8:25am CST
From 2001 to 2008,bejing will invest 280 billion yuan in the Olympic games project,og which 180 billion will go to the construction of infrastructure.such a huge investment will go to the constructure.such a huge investment will be a stimulus to the economic development of bejing and the country as a whole.According to spokeman of the national Bureau of statistics,during the 7 years from 2001 to 2008,the average annual GDP growth, driven by "olympic economy ",is expected to increase by 0.3 to 0.4 percentage point. so how do you see this phonomephe,do you think that the olympic games will increase the economic of China?
1 response
@Phlamingho (7831)
• Denmark
1 Apr 08
That sounds like a lot of money but I'm not really sure what yuan is worth. How much is it in dollars?
• China
3 Apr 08
yuan is the unit of chinese money,maybe 7.23yuan is equivalent 1 dallors.