Home>News Center>Life

Carnival couldn't get a ride in Beijing
Updated: 2004-08-18 12:54

The global famous "mobile amusement park" World Carnival's dream of earning as big bucks in Beijing as in Shanghai has been shattered.

A storm hits the World Carnival in Beijing July 9, 2004. [newsphoto]
Since the World Carnival opened to Beijing residents on July 2, it reported losses of more than 20 million yuan (US$2.4 million), and now has no plans to prolong the event.

"We invested 120 million yuan in the event, but our losses are up to 20 million yuan," said Zhang Shuhua, chairman of the World Carnival (Beijing) Investment Corp.

Nearly four million yuan was reported in revenues every day when the amusement park was running in Shanghai last year, while in Beijing the revenues were halved throughout the entire 40-day-plus operations.

Bad weather is cited as the main reason for the low turnout, said an industry analyst, adding that there were only five sunny days during the period of operation.

Soft toys are the largest cash winner of the event. In Shanghai, sales of these toys brought in 37 million yuan in profit. In Beijing, where the supply of toys was doubled that of Shanghai, the profit earned was almost the same.

Staff costs can also be blamed for the losses, the analyst pointed out. More than 1,700 university students were recruited for the event in Beijing, while the number only hit 700 in Shanghai.

Cruise to star in 'War of the Worlds'
Nicole Kidman helped Halle Berry strip
Tidbits of Beijing life
  Today's Top News     Top Life News

Natural disaster affects almost 13 million



Official gets death for stealing relics



China: US sending "wrong signal" to terrorists



China cracks down on "phone sex" services



Japanese snakehead deported from China



Beijing highway boss to be arrested for bribe


  Carnival couldn't get a ride in Beijing
  China's 'hairboy' aspires to be a rock star
  Kerry admits to soft spot for Oscar winner Theron
  Cruise to star in 'War of the Worlds'
  Flashing back to Woodstock
  New ideas needed to revive TCM
  Go to Another Section  
  Story Tools  
  Related Stories  
World Carnival tour in Beijing
Saddam's roles in Brazil Carnival
Brazil samba group preaches safe sex
Brazil to fight sex tourism as Carnival nears
  Author unhappy with actress for lead role