English-Chinese translation service under the wave of globalization: the golden key to help overseas companies open up the Chinese market
English-Chinese translation service under the wave of globalization: the golden key to help overseas companies open up the Chinese market 1. International economic background: Why is the demand for English-Chinese translation surging? As China's position in the global economy continues to rise, its GDP will account for about 30% of the world's total in 2024. The Chinese market has become a core target of overseas companies' strategic layout. From the "Belt and Road" initiative to the explosive growth of cross-border e-commerce, from scientific and technological cooperation to cultural output, language services have become the core bridge for international business activities. Policy-driven : China continues to relax foreign investment access policies, and the "Free Trade Pilot Zone 3.0" policy will be implemented in 2025 to attract more overseas companies to settle in. Market Potential : China's middle-class population exceeds 500 million, and cons...