Beijing Olympic Winter Olympics Brings Development Opportunities to Beijing, Tianjin and Hebei

Beijing Olympic Winter Olympics Brings Development Opportunities to Beijing, Tianjin, and Hebei Date:2015-08-07 23:25

After Beijing won the 2022 Winter Olympics, people began to care about the future of the Winter Olympic Games. What kind of development opportunities can be brought to Beijing and even the Beijing-Tianjin-Hebei integration?

Investment to increase the scale of infrastructure construction

The competition was not completed and construction was advanced. In conjunction with the Winter Olympics, the construction of a series of competition venues and non-competition venues in Beijing has begun. A series of investments such as traffic and environmental protection have also been or are starting.

According to the budget of the Olympic Winter Games, the budget for the preparation of the competition will be approximately US$1.56 billion and the government subsidy will account for 6%. The budget for venue construction, including venues for competitions and non-competition venues, will be approximately US$5.11 billion, at US$5.11 billion. Among them, 65% come from social investment.

Due to the legacy of the 2008 Olympics and venue construction, 11 of the 12 venues required for the Winter Olympics are ready-made, and only a new national speed skating hall is needed. According to the Winter Olympics Committee's plan, the Beijing Olympic Winter Games 2022 will form three relatively clustered venues in Beijing, Yanqing and Zhangjiakou.

In terms of traffic construction, according to the plan, the high-speed railway linking Beijing and Zhangjiakou will be completed around 2019, and the traffic time will be shortened to 50 minutes. The hosting of the Olympic Winter Games has accelerated the development of Zhangjiakou into the capital's one-hour economic circle and helped the coordinated development of Beijing, Tianjin and Hebei.

At present, the Yanqing Expressway Project in Yanqing County has clearly identified the investment subject and approved by the design proposal. The Badaling and Yueling Sections of the Beijing-Zhangjiakou High-speed Railway have obtained feasibility study and initial approval. The National Road No. 110 completed the construction contracting and supervision of the project, and the first phase of the Nanshan Ring Road project. With the approval of the project, Tie Tai Road, the World Portuguese Park Road, Yanxia Road, and the 110 State Road Link were completed and open to traffic, and this year will see the Beijing Zhangjiakou High-speed Railway and Xingyan Expressway start their substantial operations.

In respect of environmental protection input, Wang Anshun, the mayor of Beijing, said that in 2013, Beijing launched a five-year, $130 billion clean air action plan. This move has only reduced the city's total coal consumption by 30% in the past two years and eliminated more than 1 million high-emission vehicles.

In the first half of this year, the average concentration of PM2.5 in Beijing decreased by 15.2% over the same period of last year. It is estimated that by 2017, the annual average concentration of PM2.5 will be more than 25% lower than that of 2012. In January and February of this year, Zhangjiakou was only slightly contaminated for 4 days. Others were excellent and good air quality.

Chen Jian, deputy director of the China Economic System Reform Research Association and director of the Beijing Zhangdongao Research Center, said that the successful bid for the Winter Olympics has provided tremendous impetus to the transportation and other infrastructure and environmental protection in the Beijing-Tianjin-Hebei region. At the same time, this effect will be derived from communications, sports, culture, exhibitions, hotels, building materials, real estate, transportation, communications, electronics, franchising and many other related industries.

More than 600,000 jobs created for employment

According to the "Implementation Opinions of the Beijing Municipal People's Government on Accelerating the Development of the Sports Industry and Promoting the Consumption of Sports," announced in a few days ago, in 2025, the scale of the sports industry in Beijing will exceed 300 billion yuan. In the future, the sports industry and sports consumption will become new bright spots and new growth points for Beijing’s economic transformation and upgrading, and it will also play an important role in promoting the coordinated development of sports in Beijing, Tianjin, and Hebei. Taking the bid for the Olympic Winter Games as an opportunity, according to the plan, the total size of the sports industry in Beijing by 2025 will exceed 300 billion yuan, and the added value will be about 50 billion yuan. The added value of the sports service industry accounts for more than 70% of the added value of the sports industry. A group of large-scale sports service companies will be organized and chained, and 3 to 5 domestic first-class, internationally renowned listed sports companies will be cultivated to continuously enrich the supply of sports products and services.

To this end, the Beijing Municipal Government will set up a sports equity investment guiding fund to guide social capital to set up a sports industry investment fund. Beijing will encourage banks, guarantees, and other institutions to establish specialized branch and sports financial professional service teams for the sports industry, continuously innovate financial products and services, and explore new ways to support the development of the sports industry, such as bonds and trust funds. At the same time, Beijing will speed up the separation and reform of ownership and operation rights of state-owned stadiums and stadiums. It will explore state-owned sports stadium ownership units based on marketization assessment, use stadium resources as investment to invest in professional sports clubs, and state-owned enterprises and schools, etc. The right to operate the gymnasium of a unit is passed to a third-party operating agency to inspire the vitality of the stadium. In the future, well-known venues such as the Bird’s Nest, Workers’ Stadium, and Wukesong Sports Center will likely be staked in Guo'an, Beijing Shougang Men's Basketball Team or other clubs. Through integration, they will strive to cultivate a number of tangible and intangible assets that will reach billions or even billions. Sports industry company.

With the success of the 2008 Olympic Games and the bid for the 2022 Winter Olympics, the sports industry has become a competitive advantage in Beijing, which has led to the development of tourism, leisure and other related industries. Chen Jian said that with the smooth advancement of the Winter Olympics preparations, the popularity and promotion of various winter sports in Beijing and Zhangjiakou will become stronger and stronger.

Chen Jian said that the preparation for the Winter Olympics in seven years will help promote the development of Beijing's sports and related industries. It is expected that by 2025 the size of China's sports industry will reach 800 billion US dollars. The industries developed from this will add at least some 600,000 jobs.

Helping promote the economic transformation of major steel provinces

The success of hosting the Winter Olympics not only brought benefits to Hebei but also brought great benefits to the coordinated development of Beijing, Tianjin and Hebei. As the location for bidding for the snow project of the 2022 Winter Olympics, Chongli County in Zhangjiakou City used gold and iron ore as the pillar to support the local economy. Now the tourism industry has become the local economic pillar.

According to reports, Chongli County received more than 2 million visitors last year, and achieved a total tourism revenue of 1.41 billion yuan, an increase of 27.9% and 28.2% respectively year-on-year. The county's third-industry receipts account for 40.9% of all fiscal revenues, which is more than doubled in 2011.

The popularity of the Chongli tourism industry in the ski industry has brought a large number of tourists not only directly stimulating accommodation, catering, transportation and other areas of consumption, but also spawned a number of emerging industries such as tourism rentals and equipment maintenance with ski content. Statistics show that of the 126,000 people in the county, nearly 20,000 are engaged in skiing and tourism-related industries. According to preliminary estimates, the Winter Olympic Games can bring a total investment of 350 billion yuan to the region and increase 200,000 jobs.

Ye Tanglin, an associate professor of the School of Economics and Public Management of the Capital University of Economics and Business, said that Zhangjiakou is an ecological conservation area in the Beijing-Tianjin-Hebei region and has obvious advantages in leisure tourism. In this context, nearly 300 million people will be affected by the Winter Olympics and participate in the ice-snow sports. It is expected that the number of tourists participating in the ice-snow sports in Yanqing in 2022 will reach more than 1.3 million.

On the other hand, the success of hosting the Winter Olympics will also have a major impact on the industrial structure of Hebei Province, a large steel-producing province and a polluted province, and will boost the pace of industrial upgrading in Hebei Province. According to reports, after Shen Dongao’s success, Hebei will regard environmental protection and eliminating backward production capacity as an important task. In the next 7 years, Hebei's steel production capacity is expected to drop by 38%, and the company's concentration will increase to 45%.

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