6 Ways to Grow Your Business Prospects Using Chinese Translation Services

China is one of the greatest economic powerhouses in Asia. So, being the key economic player, it has grabbed the attention of worldwide industries leading to more FDI. According to an investment report, the FDI in China increased to 6% in 2020 ($ 149 billion) compared to 2019 ($ 141 billion). More facts? According to the IMF report, in 2018, Chinese ranked second in the business language contributing 19.64% of the world’s GDP.

However, the sad part is only 11% of businesses worldwide know Mandarin and Vu (Chinese languages). The rest of the clients collaborate with Chinese Translation Services providers. If your company believes that acquiring translation services might not significantly impact its business landscape, read this post carefully. Below, we have discussed how this translation solution would help in growing your business. 

How Do Chinese Translation Services Help Your Business Growing?

Good for overseas consumers

The Chinese language cannot be ignored from the consumers’ point of view. After all, 15% of the worldwide population speaks the same language. Also, the overseas Chinese population is 50 million (excluding China). So, if your company is looking to capture this market, get well-versed in common languages spoken in China.

However, learning Chinese is be an overhead burden while managing administrative tasks. Thus, why not save this valuable time by outsourcing Chinese translation experts? They have years of expertise in translating business documents, whitepapers, websites, and other business products. As a result, companies communicate with their overseas consumers without any errors. 

Gives a worldwide reputation

Chinese is one of the most sought languages in the world today. In China,the USA, and the worldwide market, the Chinese language has an important value. But the fact is, 37% of products that pass in the USA market fail in the Chinese market. It is because businesses lack an understanding of the Chinese language.

With professional Chinese translation experts, clients receive flawless and 100?curate language solutions. Many countries like Singapore, Taiwan, Hong Kong, and China accept the Chinese language in business trading. The fact shows flawless Chinese translation in these markets yields a return of 95% profit. As a result, it does not diminish your brand’s shine in the worldwide market.

Facilitates the corporate communication

Is it possible to negotiate with your Chinese or international stakeholders with an appropriate communication channel? No! However, there is no problem with professional Chinese translator experts who showcase your business products in international markets. For business-savvy clients, they extend professionally curated solutions for:

• Memos

• Business presentation

• Shipping documents

• Invoice mails

• Emailers and letters

Managing business operations in offshore territories means a regular dialogue with stakeholders and investors. Allow professional translators to rectify language errors from hefty technical documents. After all, they provide customized solutions that elevate the corporate communication experience for clients. 

Adapt to the global economy

If your company is not comfortable with the Chinese language, the chances of losing the global market are higher. One market report shows that the USA purchased goods worth $165 billion in 2015. How is it so possible? Refer back to the first pointer where we mentioned the overseas Chinese population. We shall leave you to decide if your company can afford to lose such a huge market share.

In 2021, 1.31 billion Chinese speakers are there, out of which 926 million Chinese populations (including overseas and in China) do online shopping in the Chinese language. Thus, translate your company’s website today and showcase your product to capture this market share. The Chinese language has its influence worldwide, and Chinese translators will help your company in expanding its business in international territories.

Web localization

The digital space has no boundaries! It means your consumers are accessing your services or products from any corner of the world. However, one study report shows 60% of online consumers do not purchase products from websites having the English language. Also, one more market study showed that Chinese users spent $1.55 trillion on online shopping. 

The main objectives of showing these statistics are that Chinese users prefer flawless languages on websites. And only web localization is the solution to cut down language barriers for smooth communication. Professional experts do Chinese translation to English or Vice versa to localize websites. They localize every element of websites, from sentence framing to vocabulary, for flawless communication.

Data protection

By collaborating with professional Chinese translators, your company’s data is protected and safe. It means there is no chance of a data breach. They sign an NDA (Non-Disclosure Agreement) with clients and follow all your company’s security protocols. The fact says online scams increased by 400% last year in translation data.

In 2020, Companies in the USA had faced a loss of $8.64 million due to data breaches. Thus, these valuable dollars are wasted, which further impacts your company negatively. Hence, save your brand name and company’s data by collaborating with reliable translation companies.