Beijing Major Wang Qishan said  in Los Angeles on Thursday that Beijing 
has confidence and ability to host a successful Olympic Games in 2008 and "leave 
China and the international sports with a unique legacy". 
"Presenting a distinctive and high-level Olympic Games is a serious 
commitment that Beijing has made to the whole world," Wang said at a lunchen 
hosted by the Asia Society in Southern California. 
Wang said Beijing has been preparing for the games "in a down-to-earth 
manner" trying to realize the objective of "Green Olympics, Hi-tech Olympics and 
People's Olympics" set for the Beijing Olympics. 
"At the moment, construction for 11 new facilities and some of temporary 
facilities and modified or expanded premises and associated facilities needed 
for the Beijing Games is underway," he told a gathering of about 3 hundred 
business people, politicians and academics. 
The construction for all the venues and associated facilities is expected to 
conclude by the year-end of 2007, said Wang, who is on a visit to Los Angeles. 
He dismissed worries that Beijing's economy would plummet after the games, 
just as some previous Olympic cities had experienced. 
"Beijing is expected to continue its rapid economic growth for years to come 
after 2008, still less faster urban development and economic growth before and 
during the Olympic Games," Wang said. 
For one thing, Beijing has vast outskirts and countryside, he said. "The 
Comprehensive City Plan for Beijing for the next 15 years approved by the 
Central Government clearly lays out the city' s functions, spatial structure and 
priorities," he said. 
According to the plan, the construction of three more new towns in suburban 
Beijing will start immediately after the Olympic Games in 2008 to accommodate 
some of the functions, industries and population to be transferred from 
downtown. 
"In doing so, functional transportation, educational, cultural and medical 
facilities are needed for the planned new towns," Wang said. "Meanwhile, we are 
starting to accelerate the formation of a new socialist countryside in Beijing. 
This and other initiatives are expected to generate immense demands for 
investment and consumption." 
As the Olympic Games presents an opportunity not only for Beijing, but also 
for the world, "we will seize this opportunity to further deepen reforms, expand 
the scope of the open-up drive, draw upon the state-of-the-art technologies and 
success stories in the world and attract talent from home and abroad in an 
effort to develop Beijing up into an opener, innovative, harmonious and 
residents-friendly modern international metropolis," Wang added.