BOCOG reports 1.16 million RMB profit
Wednesday, 24th June 2009 ~ Maggie ~ Link ~ Comments (0)
China made RMB 1.16 billion (US $170 million) in operating profit from the 2008 Olympic Games, a Chinese government auditor recently reported (full story from the Financial Times here).The Beijing Olympic committee reaped its revenues primarily from sponsorships and TV broadcast rights, according to the Financial Times. Its expenditures were on "transport, accommodation, medical services and temporary event infrastructure." The expenditure numbers do not include construction of the 93 new facilities required for the games. And the Financial Times points out that absent from the report are the amounts spent on improving air quality or improving the capital's infrastructure with new subways and roads.
Here are some other numbers from that report:
RMB 20.5 billion (USD $2.925 billion): Revenues as of March 15 for Beijing Organizing Committee for the Olympic Games (BOCOG) RMB 800 million above budget.
RMB 19.34 billion (USD $2.829 billion): BOCOG expenditures
RMB 19.455 billion (USD $2.846 billion): Investment in 93 new sports venues
RMB 3.5 billion: Initial investment in Bird's Nest stadium
RMB 150 million: Annual maintenance cost for Bird's Nest
30,000: Maximum number of tickets that current operators of the Bird's Nest can sell daily for tours of the white elephant
Tags: Beijing Olympics, Bird's Nest, Olympics, sports venues
Zheng makes victorious return to Wimbledon, Li also advances
Wednesday, 24th June 2009 ~ Chris ~ Link ~ Comments (0)
China's top female tennis player Zheng Jie (郑洁) returned victoriously to Wimbledon on Monday one year after she made a name for herself by reaching the tournament's semifinal round.
Zheng, currently ranked number 15 in the world, beat Kristina Barrois of Germany 7-6 (2), 7-6 (4) at the All England Lawn Tennis and Croquet Club in London on Monday in what was a high-pressure return for the Chengdu native.
"Indeed, there is a big change for me in one year and I do feel more pressure coming back here," Zheng recently told the China Daily. "A lot of people hope I make the semi-finals again or go even better."
Zheng has been a Wimbledon champion before – in 2006 she and doubles partner Yan Zi won the women's doubles competition.
The diminutive Zheng still has far to go to equal her standout performance last year – her next step is to face Slovakia's Daniela Hantuchova in the second round today.
This year's tournament is the first to feature two Chinese seeds in the singles draw – Zheng is joined by Li Na (李娜), who is ranked number 19 in the world. Li has also advanced to the second round after beating Kazakhstan's Galina Voskoboev on Tuesday.
Zheng Jie image: Women's Tennis Blog
Tags: Li Na, tennis, Wimbledon, Zheng Jie
Nuggets, Pacers to play in Taipei
Wednesday, 24th June 2009 ~ Maggie ~ Link ~ Comments (0)
NBA China CEO Tim Chen (far right) with Taipei mayor Hua Lung-bin (left) and sports affairs council minister Tai Hsia-ling (center)
The game will be played at the 12,874-seat Taipei Arena. Tickets go on sale at noon on June 25, and can be ordered online at AllGenki.net. The NBA sent the Milwaukee Bucks and Golden State Warriors to play in Guangzhou and Beijing around the same time last year.
Related:
Bucks and Warriors to play in China in 2008
Tags: basketball, Denver Nuggets, Golden State Warriors, Indiana Pacers, Milwaukee Bucks, NBA, Taipei, Taipei Arena, Taiwan, Tim Chen