Total Cost of Beijing Olympic Venues to Amount to 13b. Yuan -- Beijing Review

Total yields from insurance premium investment in 2007 reached 279.17 billion yuan ($38.77 billion), exceeding the aggregate amount of the previous five years, according to Wu Dingfu, Chairman of China Insurance Regulatory Commission. Wu said it was the best achievement ever for the insurance industry, and the 2007 premium totaled 703.58 billion yuan ($97.72 billion), increasing 25 percent year on year.

13 billion yuan

Beijing's Vice Mayor Chen Gang said the total cost of Beijing Olympic venues would amount to 13 billion yuan ($1.81 billion).

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