London bid for the 2012 Summer Olympics being selected by the International Olympic Committee (IOC) when put up against other world cities in a competitive bidding process. On 6 July 2005 at its 117th Session in Singapore, the IOC awarded London the right to host the Games of the XXX Olympiad. The city beat the favourite Paris 54 to 50 on the fourth and final ballot. London is the first city to host the Games three times. At the time of the bid, the budget projection was around £2 billion, but it was later estimated that the true cost would be around £9 billion. The project involved
Li Lingwei biennial Uber Cup (women's world team) competitions. She retired in 1989, and was inducted into the Badminton Hall of Fame in 1998. Li Lingwei never competed in the Olympics because badminton did not become an Olympic sport until 1992. However, she was chosen as one of the five retired athletes to carry the Olympic flag during the opening ceremony of the 2008 Beijing Olympics. In July 2012, she was elected as a member of the International Olympic Committee, receiving 83 votes out of 94. IOC president Jacques Rogge presented her with an "IOC gold medal". Li Lingwei Li Lingwei (,