Goldman Sachs expects economy in 2002-08 up 0.3% if China host Olympics 2008

Goldman Sachs predicted that China¡¦s wining of the right to host the 2008 Olympics Games would bring long-term benefit to the country which is expected to enjoy an extra economic growth of 0.3% in 2002-2008. Industries including tourism, transportation, information technology and logistic service would benefit the most. Goldman Sachs forecast that TravelSky Technology Limited (0696), Shangri-La Asia (0069), Beijing North Star (0588), China Resources Enterprises (0291), China Resources Beijing Land (1109) and Beijing Enterprises Holdings (0392) would benefit from the country¡¦s wining of the bidding of 2008 Olympics Games.

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