Analysis on the Economic Growth Effect of International Event on Host Country

Abstract

As an important part of the Olympic Games, the Winter Olympic Games has developed into one of the most influential sports events recognized in the world. For the host country, the significance is more than just a sports event. Whether it is the Winter Olympics or other international events, they all play an important role in promoting economic and social development. Taking the 2022 Beijing Winter Olympics as an example, this paper focuses on China's economic growth before and after the Beijing Winter Olympics, including its cultural and tourism market development, payment methods, communication technology, infrastructure improvement, regional economy and other aspects of the impact, and then compares and summarizes experience from the development of previous international events. Finally, it puts forward the countermeasure proposal of international pageant to promote our economic growth.