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Home >> Business
UPDATED: 14:05, May 16, 2005
Olympiad business opportunity in Beijing becomes a hot-topic
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According to the report of May 15 from Beijing, the reception party for the opening of the round-table "Fortune" Global Forum was held here in the very evening in Beijing International Club Hotel. Present at the opening ceremony were more than 100 representatives from the business and sports circles of the world. The representatives expressed one after another that they wanted to know more about Beijing, about China and about how to develop the Chinese market by way of the round-table meeting of the forum.

According to the introduction by Liu Zhihua, vice-mayor of Beijing Municipality the "Fortune" Global Forum will bring Beijing new opportunities, make the world to know more about Beijing and Beijing to understand more about the world. At present Beijing is making its efforts to bring to completion the preparatory work for Beijing Olympic Games 2008 in line with the plan and with high quality. It is hoped that Beijing would be able to learn successful experiences of other countries by holding and participating in the "Fortune" Global Forum.

"The business opportunity brought about by Beijing Olympic Games 2008" becomes the hot-topic of the people present here. Many sports-product operators showed their great interests in the rapid development of the sports industry in China. Mark in charge of the NBA in China said, a great number of young people in China are full of enthusiasm for sports activities, featuring strong consumption ability. This proves to be a very good business opportunity for transnational corporations engaged in sports product industry. Rick Dudley, president of Octagon Corporation is of opinion that the sports market in China is in the course of quickly warming up. This is sure to be a very big opportunity for sports business operators in the world.

Invited to attend the opening ceremony are also sports stars including Ding Junhui, Shen Xue and Zhao Hongbo and others.

As learned, there are two round-table meetings of the "Fortune" Global Forum with its topics respectively focusing on the sports and culture and will be held simultaneously on May 16.

By People's Daily Online


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