From investment opportunities to exporting to China Syrian Embassy in China, Ziad, the person in charge of the economic and trade person in China

(Reporter Tian Jin/Photo)

From August 31st to September 5th, the reporter of Economic Observation Network, from August 31st to September 5th, at the site of the China International Service Trade Fair (hereinafter referred to as the "Service Trade Association"), 71 countries and international organizations and 1407 companies are displayed offline and online. Follow the latest achievements in the field of service trade. As the person in charge of Syria's economy, business and trade in China, Ziad does not want to miss such a rare opportunity.

According to Ziad, on the one hand, Syria is a market that is awake. From infrastructure investment to energy development, there are huge business opportunities. Syria has also invited enterprises in various countries to invest in Syria. Secondly, in terms of exports, China is Syria. The most important trading partners, handicrafts, rose essential oils and other specialty products in recent years in China have also been steadily increasing.

Ziad said: "Syria has repeatedly participated in the Expo and the Service and Trade Association many times. We also hope that this service trade will show the Syrian investment projects and opportunities, so that relevant Chinese companies can learn more about the Syrian market."

Investment business opportunities in Syria

After many wars, the domestic economy in Syria needs to recover, and various projects are waiting for enterprises in various countries to invest.

Different from most people's intuitive impression of Syria, Ziad introduced that before the war, Syria was a point that radiated the Middle East and provided various products to neighboring countries. Syria's investment costs are currently low, including labor costs, tax benefits, policy support, and so on.

Taking the rich coal resources of Syria as an example, there are many investment opportunities from various aspects such as mineral resources development, related engineering machinery facilities imports, investment operations of power plants, and tourism resource development. Ziad introduced that in these aspects, Syria is also actively providing one -stop services. Foreign investors only need to use a small investment cost to have the opportunity to master a large consumer market.

According to the Syrian Act No. 18 of 2021, Syria provides foreign investors with various investment guarantees. Syria will give multiple support and investment protection.

In terms of tax incentives, the Syrian Act No. 18 of 2021 proposed that agricultural and animal husbandry production projects are exempt from 100%income tax and permanent tax exemption for investment in Syria. Within ten years, 75%of the income tax is levied; each of the 100 Syrian workers who participated in social insurance can enjoy an additional 5%of the five -year tax reduction and exemption, and the total tax reduction and exemption does not exceed 15%.

In terms of investment permits, the Syrian government has opened a green channel for investment companies. Usually, all investment -related procedures can be completed within 30 days and obtained an investment license.

Ziad said that for Syria, Chinese investors have always ranked first. The Syrian government also actively turns on green lights for Chinese companies. At the same time, in order to better allow Chinese enterprises to cooperate with the Syrian government and enterprises for a long time, the Syrian government will also actively help investment enterprises coordinate with the Syrian market trade service enterprises of China and Syria to assist in providing consulting services such as the project's preliminary investigation and projects. Legal, human support, etc. during the implementation period. These measures will minimize investment risks and solve various legal, finance, employment, management and other aspects in the investment process.

"Syria deserves the attention of more Chinese investors. In the future, the Syrian Embassy in China will also share more about Syrian information with Chinese companies through more important exhibitions and organizations." Ziad said.

Trade with China

Syria has also continued to work in recent years in trade with China. At the site of the service and trade club, Alipu's handmade ancient soap, olive oil, pickled olives and other products displayed in the Syrian exhibition area also ushered in the purchase of many audiences.

Starting from the first expo in 2018, Syria's imported products in China have entered a period of steady growth. According to data provided by the Syrian embassy, ​​more than a dozen factories in Syria have entered the Chinese market. Among them, rose products such as ancient soaps, rose essential oils, shell inlaid handicrafts such as rose oils, shell inlay have a certain market recognition in the Chinese market.

Taking the Syrian Import Pavilion as an example, as an exhibition hall authorized by the Syrian embassy in China, 16 offline experience halls are currently opened in many cities such as Shanghai, Tianjin, Wuhan, etc., which has also become the first window to display Syria products. At the same time, the Syrian Import Pavilion also has online museums in various e -commerce platforms such as Jingdong, Suning Tesco, Douyin, and Xiaohongshu.

According to Ziad, in terms of exports to Syria, China has also provided various products for Syria for many years, including medical and medical equipment, various infrastructure equipment, clothes, hats and other daily necessities. There are problems such as payment, but the trade between the two countries has not stopped because of this, and has gradually recovered in the past two years.

Ziad said to Economic Observation Network: "Trade with China promotes the resumed and economic recovery of Syria's overall trade and economy. In the future, we also hope to bring more good products in Syria to China to further expand the trade scale of the two countries."

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