The opening ceremony for the 2010 Shanghai World Expo would cost much less than for the 2008 Beijing Olympics, said Shanghai Vice Mayor Yang Xiong, without giving a specific figure, the Southern Metropolis Daily reported Thursday.

The cost of the grand opening of the 2008 Beijing Olympics was estimated at 680 million yuan ($100 million), according to China Daily's report.

The opening ceremony for 2010 Shanghai World Expo will include an indoor ceremony, short performances and an outdoor fireworks show on the Huangpu River.