Beijing [Images] has worked out its security budget for the 2008 Olympic Games and now awaiting approval from the Chinese Central government.

"We have figured out the security budget for the 2008 Olympics [Images], but it is subject to the government's approval," Deputy Secretary of the Beijing Municipal Committee of the Communist Party of China, Qiang Wei was quoted as saying by China Daily on Wednesday.

Qiang, who is also head of the Beijing Olympic Security Co-ordination Group said the budget for security will be unveiled "in a very short time".

Qiang was briefing reporters during the International Permanent Observatory on Security Measures During Major Events (IPO), where the closed-door budgetary meeting took place in the Chinese capital on Tuesday.

Twenty-four foreign security experts from 10 countries and four international organisations, including the United Nations Inter Regional Crime and Justice Research Institute (UNICRI) and the European Police Office (EUROPOL), attended the IPO to share their experience of making security plans for such large events like the previous Olympic Games, the 2004 European Football Cup and the 2003 Evian G8 Summit.

Athens, hosting the first Olympic Games after the September 11 terrorist attack last year, spent more than one billion euros (1.3 billion US dollars) on security.

The Beijing Olympic Security Co-ordination Group was set in late December last year. It is the leading governing body of the Beijing Olympic security.

Last March, the implementation of the city's Olympic security master plan was officially launched.

As the host city of the 2008 summer Olympic Games, the biggest sports event in the world, Beijing finds it necessary to learn more international successful security stories in some special occasions, such as the venue access, the transport security and bombs/explosive ordnance, Qiang said.

"It is important for us to open for more experience while organising the Olympic security plan," he said.

"With the help of foreign experts as well as the Beijing people, we will try to stage a secure Olympic Games in 2008," Qiang added.