Blue Book is the “Going Global” choice for Chinese language service companies4paths
(Source: Qianlong.com 2016-4-23 Reporter: Yu Zhenhua)
4month23Day,ExternalEconomyBusiness UniversityThe "Blue Book on Language Services for Chinese Enterprises "Going Global"" was first released in Beijing. This blue book provides guidance on how Chinese language service companies can seize the "One Belt, One Road" strategy to "go global" and provide guidance on how to go to sea with a "ship", borrow a "ship" to go to sea, buy a "ship" to go to sea, and "go to sea in advance"4path selection.
“The global language service market is a highly fragmented monopolistic competition market.” According to Meng Yongye, an expert from the blue book research team, told Qianlong.com reporters,2015The global language service market size is381.6USD billion, including global108Total operating income of the top 100 language service companies47.34billion US dollars, accounting for12.41%. Global language services are greatly affected by economic and w88. Economic and w88 exchanges, inbound and outbound tourism, immigration waves, and online shopping are mainly concentrated in areas with developed economies and rapid economic development. As a result, the demand for language services in these areas is very large, which directly reflects the uneven regional distribution.
Given the highly fragmented nature of the global language service market, what strategies should Chinese language service companies adopt to “go global”? Meng Yongye suggested that, first, for areas with underdeveloped language services such as Africa, Latin America, and Oceania, use labor dispatch to go to sea with "ships" and go to the destination countries with customers; second, for moderately developed or developed language service areas such as Asia, Europe, and North America, it is better to go to sea by "ships" through language service outsourcing. At the same time, consider taking on the language service outsourcing business of developed countries to expand the scale and profits of domestic language service companies.
“Since Europe and the United States and other countries dominate the language service industry, we recommend that Chinese language service companies buy a ‘ship’ to go overseas.” Meng Yongye analyzed that this is the third step to establish or acquire local language service companies in the destination country, get close contact with major international customers and international language service giants, and undertake high-quality overseas business. Fourth, "Language Services+" can help Chinese language service companies "go global in advance", build competitive advantages in segmented fields, enhance their industry status by increasing financing or adopting merger and acquisition strategies, and become stronger competitors.
According to Qianlong.com reporters, the implementation of the “Belt and Road” strategy has accelerated the “going out” of Chinese enterprises. How to help Chinese language service companies fully understand the current situation of the global language service industry and provide strategic analysis is urgent. And inw88 casino Chinese Enterprises “Going Global” Collaborative Innovation CenterIn the project of "Research and Application of Language Service Database for Enterprises Going Global", which is supported by key funds, experts on this topic use global11Language service industry reports and other authoritative materials, using comprehensive statistical analysis, compiled a language service strategy analysis report, which mutually confirms and supports the research results on the language service needs of Chinese enterprises going global, forming a complete "Blue Book of Language Services for Chinese Enterprises "Going Global"". Currently, the blue book consists ofForeign Economic and w88 casinoPublished by Xue Press.
Attachment: Original report link:
http://interview.qianlong.com/2016/0423/559634.shtml
