Why Chinese Translation Services Is In High Demand
Chinese translation services are one of the most required language services worldwide. This fact makes many of us ask ourselves, “Should I translate our content into Chinese?.” Even if Chinese isn’t the first or second most spoken language in your country, Chinese speakers live everywhere.
The demand for professional Chinese translation services has been increasing for years. Thus, experienced Chinese translators can expect to receive lucrative pay and be consistently employed. In fact, all recent studies suggest that Chinese translation services will grow for at least another decade.
Several reasons are behind the global high demand for Chinese translation services over the past several years. Below are some:
- China’s consistently booming economy.
- China’s spending priorities are expanding business and trade partnerships with governments and other organisations worldwide.
- Chinese speakers are migrating and travelling throughout the world, and want information in their native language.
- The Chinese entertainment industry is expanding globally, especially via the Internet.
China’s Booming Economy
The World Bank’s China overview, “Since China began to open up and reform its economy in 1978, GDP growth has averaged almost 10 percent a year. In addition, more than 850 million people have been lifted out of poverty. Today, China is an upper-middle-income country and the world’s second largest economy.”
Unfortunately, the 2020 COVID-19 pandemic collapsed economies worldwide. Also, GDP growth rates plummeted into the double digit negative numbers for several major economies. The UK is one example as it had a record low of -21.5% in June 2020, according to Trading Economics. On the other hand, China hit a low of only -6.8%, and by June 2020, it recovered to a positive GDP growth rate of 3.2%. Ironically, Chinese translation services in the UK are popular right now, especially for global talent recruitment.
By all means, international business will eventually bounce back. Also, to communicate with and manage Chinese partnerships, Chinese translation services will continue to be in high demand. Although many non-linguists mistake Mandarin as “simple Chinese”, it is anything but simple. While Chinese language has traditional and simplified forms, various countries and regions use different forms. This is why only native professional translators and subject field experts can translate Chinese content.
Investments & Expanding Global Partnerships
The Chinese government initiated a programme called ‘The Going Out’ or ‘The Going Global’ Strategy in 1999. The reason for this is to expand investments beyond its borders. And this, of course, created a necessity to communicate across languages. Consequently, language service providers have begun to recruit professional Chinese translators.
Another global cooperation effort between China and several land and sea accessible countries was launched in 2013 called the Belt and Road Initiative (BRI). This effort aimed to increase the transportation connectivity between China and the rest of Asia, the Middle East, Europe and Africa. On the other hand, along with overseas investments, and the expansion of large Chinese enterprises, China’s LSPs have also taken the initiative to go abroad and service the international market.”
Chinese Migration & Travel
With around 1.3 billion speakers globally, Chinese is the most commonly spoken language in the world. Through travel, international education and migration native Chinese speakers are fanning the globe.
Organisations worldwide have quickly discovered the need for and benefits of translating their content into Chinese. The need for effective, clear and accurate messaging is not the only reason Chinese translation is in such high demand. Access to this large market demographic creates tremendous profit opportunities.
Entertainment Industry & Internet Communications
The rich culture of China is experiencing a dramatic time of globalisation due to all of the reasons stated hereinabove. Chinese movies and other forms of entertainment are now competing for awards internationally. Moreover, advances in technology, especially the Internet and social media, have helped increase the demand to view films and videos originally produced in Chinese.
Renaissance Translations’ Professional Chinese Translation Services
Renaissance Translations is your Chinese translation agency. We have helped many global businesses and brands with their Chinese translation projects. The list of our clients include LG, Huawei, CRDF Global and more. Contact us today to get your project started. We will exceed your expectations!