Shanghai Goes All Out to Bid for 2010 World Expo

Home>>Business

Last updated at: (Beijing Time) Friday, February 08, 2002

Shanghai Goes All Out to Bid for 2010 World Expo

Shanghai will put every effort into its bid to host the 2010 World Expo, which if successful will increase China's commercial exchanges with other countries and bring many new business opportunities, a senior official said Thursday in Shanghai. If Shanghai wins the bid, it will be the first time for a developing nation to host the fair in the 150-year history of the event.

DISCUSSION

CHINESE

SEND TO FRIEND

Shanghai confident to win bid

Shanghai will put every effort into its bid to host the 2010 World Expo, which if successful will increase China's commercial exchanges with other countries and bring many new business opportunities, a senior official said Thursday in Shanghai.

Chen Liangyu, acting mayor of Shanghai and director of the bidding committee, said that east China's financial sector is confident in its ability to host the fair by using the economic and cultural dynamism the city is known for and with the support of the central government.

Good opportunity to demonstrate Shanghai

If Shanghai wins the bid, it will be the first time for a developing nation to host the fair in the 150-year history of the event.

The Fair is expected to attract over 50 million visitors and will cost 2.5 billion US dollars to set up. In addition, more investment would be needed for better local financial services, tourism, management and legal services.

Chen said that Shanghai was chosen to make the bid by the Chinese Central Government because of the city's fast development over the past two decades as well as its valuable experience in organizing large international activities.

Russia, the Republic of Korea, Mexico, Poland and Argentina have also filed applications to the International Expositions Bureau (BIE) to be included in the bid.

An BIE team will visit Shanghai next month. Election of the host city will be held at the end of the year.

International Expositions

International Expositions are defined by the Bureau international des expositions / International bureau of expositions ( B.I.E ) as a forum for the exchange of information which fosters better understanding amongst people. Each nation is invited to share its ideas and to demonstrate the progress it has achieved on a theme determined by the exposition organizer.

The B.I.E., a Paris-based organization of 88 member nations, regulates the frequency and quality of international expositions.

China Supports Shanghai in Bidding for World Expo 2010

The Chinese government gives full support to Shanghai in its bidding to host the World Exposition 2010, Chinese Ambassador to France Wu Jianmin said in December, 2001.

Wu made the remarks at the general assembly of the Bureau on International Exposition (BIE), at which cities from six countries presented their candidatures for the universal event.

"It's a formal engagement that my government has taken...It will give full support to the municipality of Shanghai in its efforts in making World Expo 2010 a full success," said the ambassador.>>details

Questions?Comments? Click here

Shanghai Promotes Bid for 2010 World Expo

China Submits Report Bidding for World Expo 2010

China Supports Shanghai in Bidding for World Expo 2010