Abstract: Although, the Olympic Flame with the closing of the Beijing 2008 Summer Olympics, extinguished, the enthusiasm of the world towards the Olympic Games keeps going. So the thoughts of the effects from Olympics onto the host country. This study, after presenting the general ideas of the Olympic economic effects that is boom to bust, briefly analyzed the macroeconomic effects of the Beijing Olympics on Chinese Economy. And based on authorized statistics and through the methods of comparison and deduction, the study concluded that those effects will keep functioning on transformation of Chinese economic growth pattern and through the sectors of transportation, banking, insurance and travel consumption in a long term.