Language services enjoy boom despite challenges
By Xing Yi | China Daily | Updated: 2016-12-28 07:14
In the past five years, the language-service industry in China has doubled the value of its output, according to the latest report published in Beijing on Friday.
The report shows that the language-service sector, including translation, interpretation and localization, generated an estimated output worth about 282 billion yuan ($41 billion) by the end of 2015, compared to 125 billion yuan in 2010.
The figure was estimated from interviews with more than 400 companies among some 72,500 language-service companies in China, conducted by researchers from the China Academy of Translation and the Translators Association of China.
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