I heard that the 2008 Olympic Games emblem like the word Jing that character is oracle bone script?

The new emblem of the 2008 Olympic Games, will have a history of more than 5,000 years of China's seals and calligraphy and other forms of art and sports characteristics combined, skillfully transformed into a forward running, to meet the victory of the athletic human figure. This design unites the charm of the fine traditional culture of the Chinese nation. The bright red color conveys the unique passionate atmosphere of Chinese culture; the symbolic graphics, shaped like a "Beijing" character, expresses the name of the venue; also like an athlete rushing to the finish line, reflecting the Olympic spirit of sprinting to the limit and creating brilliance; and also looks like a person singing and dancing, expresses the 1.3 billion Chinese people for the beautiful vision of the Olympic movement. Olympic Games and welcome guests from all sides of the enthusiasm and sincerity.