Chinese enterprises contribute N$6.6 billion in taxes in four years – Wei
Chinese enterprises operating in Namibia contributed more than N$6.6 billion in taxes, spent about N$50 billion on local procurement, and created about 48 690 jobs for Namibians between 2020 and 2024. Chinese embassy counsellor for economic and commercial affairs Wei Jinming said this at the Huawei Namibia ICT Congress 2026 held in Windhoek on Wednesday. […] The post Chinese enterprises contribute N$6.6 billion in taxes in four years – Wei appeared first on The Namibian.
Black News 
Chinese enterprises operating in Namibia contributed more than N$6.6 billion in taxes, spent about N$50 billion on local procurement, and created about 48 690 jobs for Namibians between 2020 and 2024.
Chinese embassy counsellor for economic and commercial affairs Wei Jinming said this at the Huawei Namibia ICT Congress 2026 held in Windhoek on Wednesday.
He cited figures from a report issued by the Association of Chinese Enterprises in Namibia.
Wei said Chinese enterprises also donated about N$200 million towards public welfare, invested about N$1.5 billion in improving workplace safety, and spent N$300 million on environmental protection during the same period.
“I would like to take the opportunity to thank these enterprises, with Huawei as one of the best representatives, for their contribution to the development of Namibia’s economy, society and people’s livelihoods, and to the development of the bilateral partnership between China and Namibia,” Wei said.
He said the figures demonstrated the growing role of Chinese enterprises in Namibia’s socio-economic development as the two countries continue to deepen bilateral relations.
Wei described China and Namibia as a community with a shared future, saying the two countries have maintained strong cooperation in digital technology, education and economic development over the past 36 years since Namibia’s independence.
He also highlighted China’s recently implemented zero-tariff measures on imports from 53 African countries, including Namibia, saying the policy came into effect on 1 May this year.
He said China was the first major economy in the world to introduce such a measure for African countries.
Wei said the move would benefit Namibian exporters, noting that tariffs on beef and mutton imported from Namibia into China, which previously ranged from 12% to 25%, had been reduced to zero.
“The export of these products to China holds enormous trade potential, and bilateral trade is expected to grow rapidly,” he said.
Wei said Namibian wild aquatic products, grapes and blueberries are also undergoing export procedures to China, with formal agreements between the two governments expected soon.
He said the zero-tariff policy was expected to encourage investment in local manufacturing and processing industries in Namibia, supporting the country’s shift from raw material exports to value-added products while creating jobs and increasing incomes for farmers and small and medium-sized enterprises. – Nampa
The post Chinese enterprises contribute N$6.6 billion in taxes in four years – Wei appeared first on The Namibian.
