Official: No post-Olympics recession

Beijing will not experience economic recession after the Olympic Games, a senior municipal government official said on the sidelines of the ongoing 11th National People's Congress.

"The economy in Beijing will not fall into recession after the Games, though this did happen in previous Olympic host cities," said Zhang Gong, director of the municipal development and reform commission.

"After doing research and analysis of the previous six host cities, we conclude that Beijing will experience no post-Games recession."