The spiral of tension between Lebanon and Israel will further cause economic impacts and security threats on Syria, according to analysts in Damascus.
Israel's killing of Hezbollah's chief Sayyed Hassan Nasrallah, the leader who transformed Hezbollah into a military and political force in the Middle East, has left Syrian President Bashar al-Assad without one of his strongest backers.
Flags flew at half-mast across Damascus on Sept. 29 as Syria announced three days of national mourning over the death of Nasrallah, who was killed in an Israeli airstrike on the Lebanese capital Beirut on Sept. 27.
In the Syrian government-controlled areas, there was a wide sentiment of frustration and sadness among Syrians. They believe that they have lost one of the supporting pillars that stood by their side during domestic war and the war against terrorism.
"He stood with the people and the resistance of Palestine all the time, never deserted them. His attitude was heroic, and he was a man of his words," said a Damascus resident named Sobhi.
"We do not forget his standing with us during the Syrian crisis; we shared our victories; the Lebanese and Syrian people stood together at that time. Southern Lebanon is part of our cause, so is the Palestine cause," said Damascus resident Sanaa.
Nasrallah spearheaded the involvement of Hezbollah in the brutal war of its neighbor country Syria. The Syrian media spoke highly of Nasrallah, warning that his assassination might drag the whole region into an unpredictable and endless circle of escalation.
There are potential impacts on Syria if the conflict in Lebanon continues or large-scale retaliation is carried out by Hezbollah in revenge to its leader's killing.
"There are many impacts on Syria, like the economic impact, as Syria is suffering from economic blockade, and the influx of refugees into Syria will make basic items scarce, and Syria will be in need for more resources in that frame. There are security threats, like Israel targeting Syria under the pretext of Lebanese Hezbollah militant penetration into Syria, or weapon deployment to Lebanon from Syria," said Muhammad Omari, a political analyst.
Syrian military recently announced that five of its soldiers were killed in an Israeli air strike that hit a military site near the border crossing which is densely used by Lebanese to flee the war into Syria.
In addition, Israel announced hitting infrastructure on the Lebanese-Syrian borders to stop the transfer of weapons from Syria to Hezbollah.
At the same time, Syria continued to take a quiet policy regarding the war due to its domestic status which was described as fragile.
However, since the outbreak of the war in Gaza, Syria has been seen as a ventilator and lifesaving corridor for Israel's adversaries, leading to multiple attacks by Israel on the already struggling country.
In that context, Syria is highly predictable to be in the spot of any ground offensive by Israel in southern Lebanon, according to the analyst.
Syria to suffer economic shock, security threats amid Lebanon-Israel tension spiral: analyst
Syria to suffer economic shock, security threats amid Lebanon-Israel tension spiral: analyst
China is accelerating the commercialization of marine scientific and technological achievements and fostering new quality productive forces by boosting support for small and medium-sized enterprises (SMEs) in the marine sector, with a focus on investment and financing to drive industry growth.
The development of marine industries is marked by substantial investments, high risks, and slow returns. However, with strong national support, some companies, such as Zhejiang Startest Marine Science and Technology Co., Ltd. in east China, have achieved notable success.
The company is a national high-tech enterprise specializing in the independent research and development of underwater sonar detection equipment and underwater information data systems.
It now holds more than 210 intellectual property rights for its designs.
"We are now fully capable of replacing similar foreign imported products with our own ones, thereby overcoming the bottleneck in production caused by foreign product embargoes," said Su Xiaoyang, president of Zhejiang Startest Marine Science and Technology Co., Ltd.
While some marine SMEs, such as Shenzhen HiCloud Data Center Technology Co., Ltd., China's first underwater data center equipment and service provider, have mastered core technologies, a gap remains compared to international standards. As a result, continuous investment is necessary for them to overcome critical technological challenges.
"The Underwater Data Center Pilot Project is a new infrastructure initiative requiring a significant initial investment and scale effects. However, both users and investors in the market still lack a comprehensive understanding of the project's strategic significance, including the technical risks associated with emerging technologies," said Pu Ding, general manager of the Underwater Data Center Pilot Project in Hainan under Shenzhen HiCloud Data Center Technology Co., Ltd.
To address the challenges faced by marine SMEs in securing investment and financing, the Ministry of Natural Resources (MNR), along with the Shenzhen Stock Exchange, has organized a series of roadshows since 2016. Over 200 marine SMEs and innovation teams have participated, securing more than 3 billion yuan (around 409.8 million U.S. dollars) in financing.
In addition to these efforts, the MNR, in collaboration with the Shanghai Stock Exchange, launched China Ocean Economy Stock Price Index in 2024, covering 20 marine and related industries.
"This is the first domestic comprehensive index in the marine sector, covering all the markets of Shanghai, Shenzhen, Beijing, and Hong Kong. It provides timely insights into the operational performance of listed companies in the marine industry and plays an important role in promoting the efficient allocation of financial capital to the marine real economy," said Feng Lei, deputy director of the Ocean Strategic Planning and Economic Department under the Ministry of Natural Resources.
Small marine firms accelerate commercialization of sci-tech achievements under greater policy support