"The total budget for the 2018 Winter Olympics in PyeongChang, South Korea, is 93.4 billion yuan, of which about 67 billion yuan will be spent on infrastructure, including the construction costs of venues and the Olympic Plaza, the Olympic Village, the Media Village, and the expansion of the transportation network, with transportation facilities such as the high-speed rail link from Wonjoo to Gangneung; and the organizing committee's operating costs, including IT infrastructure, operating venue fees, cultural events, and labor costs, which were originally projected to be $26.4 billion in expenses."

The PyeongChang Winter Olympics, under the slogan "Passionate PyeongChang, Harmonious World," set out a vision of five goals: economy, culture, environment, peace and ICT (information and communication technology), namely, to achieve a balanced income and expenditure, to promote the dissemination of culture, to have a low-carbon and green Olympics, to promote peace in the region, and to realize the first-ever 5G service in an Olympic Games.

The budget has been a headache for successive organizing committees. At the last Winter Olympics in Sochi, the final budget was four times the initial budget. In response, the? Korea PyeongChang Olympic Organizing Committee made a detailed presentation.The total budget of the 2018 PyeongChang Winter Olympics is divided into the operating costs of the organizing committee and the cost of infrastructure construction. The infrastructure construction cost is about RMB 67 billion, including the construction cost of venues and Olympic Plaza, Olympic Village, Media Village, and the expansion of the transportation network, Wonju to Gangneung High Speed Railway and other transportation facilities; the organizing committee's operating costs include IT infrastructure equipment, operating venue fees, cultural activities and labor costs, etc. This part of the expenses was originally expected to be 12.9 billion yuan, but it has already exceeded the budget, and after the fourth financial meeting discussion, it was decided to increase the budget to 13.9 billion yuan. After discussion at the fourth financial meeting, it was decided to increase the budget to 13.5 billion yuan. The current funding comes from five main sources: first, the Olympic Organizing Committee's global partners, second, South Korea's domestic partners, third, ticket revenues, fourth, mascots and other licensed merchandise sales revenue, and fifth, from the government subsidies.