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China does not suffer from a "Recession" post-Olympic;, senior officials said Sunday, because of the scale and potential of its economy. "The Olympic Games won 't be a watershed for China' ; S economic development, "Wang Yiming, vice president of the Macroeconomic Research, said. The academy is affiliated with the Reform Commission and National Development, the country 'top planning body. "S; The foundations for operating the country' economic development s in the last 30 years will remain the" even after the games, he said. The country 's economy has grown last year to 11.9 percent. But after that development was delayed to 10.1 percent in the second half of this year, has raised concern that the economy could suffer after the games, which in some ways acted as repeater. The direct effect of the games has been limited because of the format of country 's economy, Wang said. China won the right to host the 2001 event to 17 days and its economy has grown since then at an average rate of 10.5 percent. A number of factors, such as the nation 's entry into the WTO and the auction of Olympic-related investment, has boosted the economy and has made the world' s most rapidly growing. To prepare for the games, Beijing has to pass some 13 billion yuan ($ 1.89 billion) to develop sports facilities and 280 billion yuan ($ 40.75 billion) to improve urban infrastructure. These investments have helped Beijing 's economy grows 10 percent faster assessed during the seven years, said Yang Kaizhong, president of research Institute.But Economic and social development of Beijing 293 billion bill -yuan, as is strong, represented only 0.55 percent – 1.06 percent of China 'investment in fixed s between 2005 and 2008, the peak time for Olympic-related investments, Wang said . And Beijing, the principal recipient of Olympics-related, represents only 3.6 percent of the country 'gross domestic product s. Officials say that China will continue its substantial investment in infrastructure even after the games and help support the economy 'momentum of development of s. Beijing has programs to add six new routes covering more than 360 km to its network of pipe by 2015 all'ingorgo ease traffic and improve connectivity to its outskirts. The investment will be more than what the city has to develop within 149 kilometers of subway in flight to mega-events Games.Other such as the 2010 World Expo in Shanghai Round and the Asian Games to be held in Guangzhou the same year, is also likely boost the economy, Wang said. Soon, the central government said it would have endeavored to make economic development a stable and fast and put brake inflation. The country, particularly the export sector, already felt the pinch of a growth rate of fall and the rising cost of labor and raw materials. More than 67,000 small and medium enterprises reported as the second had to stop in the first half. "Development is likely to delay after the Olympics" but not because the games are over, Wang Tao, an economist with the security of UBS, said.for more information, please visit http://www.ishoesclub.com/olympic/show.php?itemid=189

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