Beijing will spend less on staging the Olympic Games than Athens, according to Jiang Xiaoyu, executive vice-president of Beijing Organizing Committee for the 2008 Olympic Games.
The 2004 Olympics cost Athens 2.4 billion US dollars.
Jiang Xiaoyu made the remarks at a forum of International Chinese Media in Wuhan.
He said further that Beijing will continue to observe the principle of a "frugal Olympics" in organizing the 2008 Games.
Beijing has an original operating budget of 1.609 billion US dollars for the Games, and expects to earn 1.625 billion US dollars.
