Research On Investment In Saudi Arabia

In the "new normal" era,more and more Chinese companies have begun to go abroad,continuously improve their resilience in the international market,and gradually integrate with the international market.The pace of Chinese companies going abroad is accelerating.As an important area for China to implement the “going out” strategy,this important economy in Saudi Arabia has become China's key partner in the West Asia region.Saudi Arabia is the most attractive country for FDI in Arab countries.Before entering the Saudi market,Chinese enterprises must first thoroughly and comprehensively understand the local political environment,social and cultural environment,economic environment,legal environment,and natural environment.This is not only a prerequisite for Chinese companies to effectively evade Saudi Arabia's investment risks,but also enhances them.The important means of Chinese enterprises' core competitiveness in the international market.This article analyzes Saudi Arabia's economic environment under the guidance of Marx's materialism theory,including Saudi Arabia's socio-economic structure,macroeconomic policies,economic development status,and economic system.It also analyzes the macroeconomic profile and economic environment of Saudi Arabia and further analyzes Saudi Arabia's investment problems.The study mainly analyzed the current situation of Saudi Arabia's use of foreign capital and many problems in the use of foreign investment.Through the use of literature analysis and comparison methods,it focused on analyzing the theory of international direct investment,and separately from the quality of foreign direct investment,foreign investors.Direct investment scale,foreign direct investment structure,foreign direct investment policy,foreign direct investment,and other perspectives put forward a set of measures to effectively improve the efficiency of Saudi Arabia's use of foreign investment.In analyzing the relevant research systems on the use of foreign investment in Saudi Arabia,the relevant theories of international direct investment and foreign investment in developing countries were mainly discussed.When analyzing the foreign companies' direct investment in Saudi Arabia's approaches,status quo,and reasons,they also analyzed economic growth.Theories explore the correlation between direct investment and economic growth.Through further exploration of the historical evolution of the total macroeconomic aggregates and economic structure of Saudi Arabia,the environment and conditions for attracting foreign investment are analyzed,including the natural environment,macroeconomic environment,market and financial environment,related preferential policies,and foreign exchange management methods.Combining Saudi Arabia's introduction of foreign investment,the history and status quo of foreign capital utilization and the status of major investment sources,Saudi Arabia's foreign economic and trade relations,and the characteristics of the use of foreign capital,it has studied the status of China-Saudi Arabia's economic and trade cooperation and looked forward to the prospects of China-Saudi Arabia's economic and trade cooperation.The article also summarized the Saudi Arabia's economic policy environment,including the operation of organizations and institutions,such as Saudi Arabia's General Administration of Investment,Saudi Arabia's Supreme Economic Council,the Saudi Chamber of Commerce and other functions.It also analyzed Saudi's preferential policies for the introduction of foreign investment and Saudi Arabia's foreign trade.Policies are especially the protection policies of Chinese companies in Saudi Arabia's investment and trade.This article studies Saudi Arabia's economic and legal environment by studying the overall development trend of its investment legal system,studying the Saudi labor laws and regulations,and its emphasis on the statistics of Saudi Arabia's major taxation and tax rates.Finally,the article also analyzes the overall business environment of Chinese companies in the Saudi market,discusses Saudi's local community's attitude toward Chinese and Chinese companies,and discusses China's presence in Saudi Arabia from various aspects including economy,law,policy,and culture.Business Situation.Through research,it has been found that a series of preferential foreign investment policies of the Saudi Arabian government have established a good macroeconomic environment and investment environment,attracting more and more foreign capital into the Saudi Arabian market;despite its short time and lack of maturity Experience,but from the perspective of Saudi Arabia's use of foreign capital in recent years,the Saudi government has invested in non-oil industries,which has enabled Saudi Arabia's industrial diversification and stimulated the economy of Saudi Arabia from a macro and micro perspective.Rapid progress.It is not difficult to see that Saudi Arabia has made remarkable achievements with foreign capital and is worth learning from other countries.However,due to the relatively simple economic structure of Saudi Arabia and the destructive effect of terrorism on Saudi Arabia's stable social environment,Saudi Arabia's current use of foreign capital is still insufficient,and the quality of foreign investment is low and its structure needs to be optimized.According to the research conclusions of this paper,the following suggestions can be obtained: make adjustments to the existing industrial structure,optimize the domestic industrial structure,create a stable investment environment;open the stock market and retail market,and further develop a series of preferential policies and tax exemption policies.Greatly attracting investment and introducing technical foreign capital will not only help Saudi Arabia attract more foreign capital,but also improve Saudi Arabia's foreign capital quality.It is hoped that the Saudi government will continue to introduce a series of preferential policies and tax exemption policies to attract more and more Chinese enterprises to enter the Saudi market,laying the foundation for Chinese companies to implement the "go global" strategy.It is also suggested that Chinese companies must fully respect the religious beliefs and customs of Saudi Arabia,and should also establish a good and interactive relationship with the mainstream media of Saudi Arabia,give full play to the spread of the media,and help Chinese companies establish a good brand in the Saudi market.Image;Through the establishment of an international management team,recruitment of high-quality personnel who are familiar with the management system of Europe and the United States and Middle East project management,relying on these high-quality talents,familiar with the Middle East market and control capabilities,can improve Chinese companies in the Middle East market The level of control of the project.