China: A $1.3bn Translation Market? Translation Industry translation jobs
Home More Articles Join as a Member! Post Your Job - Free! All Translation Agencies

China: A $1.3bn Translation Market?

Become a member of at just $8 per month (paid per year)

John Yunker According to this article China's translation market is anywhere between US$1.3bn and US$2.5bn; this is according to the Translators Association of China.

Also according to the assocation, there are 3,000 registered translation companies in China, although the article mentions that there could be more than 10,000 agencies (primarily mom and pop types) in all.

This market revenue estimate seems a bit steep to me. If we assume that the 3,000 registered firms are doing $2bn in revenues, that would mean each firm is averaging more than half a million dollars in revenues. Since most small firms in the US and Europe average less than $200,000, I'd say the $2bn number is aiming a bit too high. If we were to try to get to $2bn using all 10,000 Chinese firms, each firm would still need to generate US$180,000 -- still too high on average.

Of course, the wild card here is what percentage of revenues is driven by the Chinese government. Perhaps the government alone is contributing $500m or so to the pie; if that's the case I can see how the association is reaching this market estimate.

Any thoughts/input from you vendors out there?

PS: I almost forgot the mention the point of the article: "The State Commission for Administration of Standardization recently approved China's first set of standards on the quality of translation, effective from Sept. 1 of this year."


Submit your article!

Read more articles - free!

Read sense of life articles!

E-mail this article to your colleague!

Need more translation jobs? Click here!

Translation agencies are welcome to register here - Free!

Freelance translators are welcome to register here - Free!

Please see some ads as well as other content from

Free Newsletter

Subscribe to our free newsletter to receive news from us:

Recommend This Article
Read More Articles
Search Article Index
Read Sense of Life Articles
Submit Your Article
Obtain Translation Jobs
Visit Language Job Board
Post Your Translation Job!
Register Translation Agency
Submit Your Resume
Find Freelance Translators
Buy Database of Translators
Buy Database of Agencies
Obtain Blacklisted Agencies
Advertise Here
Use Free Translators
Use Free Dictionaries
Use Free Glossaries
Use Free Software
Vote in Polls for Translators
Read Testimonials
Read More Testimonials
Read Even More Testimonials
Read Yet More Testimonials
And More Testimonials!
Admire God's Creations

christianity portal
translation jobs


Copyright © 2003-2020 by
Legal Disclaimer
Site Map