Heng Yuan Xiang becomes Official Sponsor of Beijing 2008 Olympic Games、Liu Jingmin stresses frugality and integrity in Olympic preparations
Heng Yuan Xiang becomes Official Sponsor of Beijing 2008 Olympic Games
Wang Wei speaks at the ceremony. |
(BEIJING, Dec. 22, 2005) - Beijing Organizing Committee for the Games of the XXIX Olympiad (BOCOG) announced that Heng Yuan Xiang has been selected as an Official Sponsor of the Beijing 2008 Olympic Games after the two parties signed an agreement today.
As reached in the agreement, Heng Yuan Xiang will provide funds, formal wear, homeware and other textile products to the Beijing 2008 Olympic Games, the Beijing 2008 Paralympic Games, BOCOG, the Chinese Olympic Committee and the Chinese sports delegations to the Olympic Games.
Wang Wei, BOCOG Executive Vice-President and Secretary General, addressed the ceremony. He said, Heng Yuan Xiang is a household brand in China. The sponsorship from HYX to the Beijing 2008 Olympic Games will not only provide Beijing Games with sufficient non-sportswear textile products but also create larger room for HYX to reinforce its brand value.
Mr. Legend Liu, Chairman of the board of HYX China (Group), Ltd., said at the ceremony, "It's a great honor for HYX to be selected as an Official Sponsor of the Beijing 2008 Olympic Games and join the elite family of Olympic sponsors. HYX will carry the Olympic message to every province in the country through our national networks of affiliates and retailer partners and our wholly-owned subsidiaries. We are proud to support the three concepts "Green Olympics, High-Tech Olympics and People's Olympics" advocated by BOCOG and we look forward to giving visitors to Beijing a warm welcome in 2008.
The sponsorship program of Beijing 2008 Olympic Games consists of three tiers: partners, sponsors and suppliers. Up till now, 10 partners of Beijing 2008 Olympic Games have been designated, including Bank of China, China Network, Sinopec, PetroChina, China Mobile, Volkswagen, adidas, Johnson & Johnson, Air China and PICC P&C. The eight sponsors designated to date are UPS, Haier, SOHU, Yili, Tsingtao Beer, Yanjing Beer, BHP Billiton and Heng Yuan Xiang.
The signing ceremony. |
The signing ceremony. |
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Liu Jingmin stresses frugality and integrity in Olympic preparations
(BEIJING, Dec. 22, 2005) -- Vice Mayor of Beijing Liu Jingmin said the Beijing Organizing Committee for the Games of the XXIX Olympiad (
BOCOG) has taken measures to prevent any corrupt practice in the
Olympic preparations.
Liu, also BOCOG executive vice-president, made the remarks in an interview with the Beijing Public Service Radio today.
Under the guidance of the central government on staging a frugal Olympics, the Beijing Municipal Government took the whole year of 2004 to review each and every Olympic project, making a great deal of modification of luxurious designs, and saving in any possible way when the function of the venues is guaranteed, Liu said.
The current construction of the venues is in accordance with the principle of frugality and BOCOG is able to deliver the venues of same scale at a much lower cost than that of Sydney's or Athens', Liu said.
While inquired about the anti-corruption issue, Liu noted that an integral system has been instituted to carry out the venue construction, as well as the routines of the organizing committee. He went on explaining the mechanism in detail.
When BOCOG was established on December 13, 2001, the Supervision Committee of Beijing Olympic Games was concurrently born, which involves the Supervision Ministry, the National Audit Office, the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) in fully supervising BOCOG's work.
BOCOG Audit and Supervision Department, which oversees the whole process of BOCOG's financial operations, is subordinated to the supervision committee.
The National Audit Office had recently dispatched a permanent working group to BOCOG, and is currently looking through its budget and implementation. BOCOG has also formulated and implemented dozens of internal systems in relation to the financial management, supervision, and audit to prevent any act of corruption.
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