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China has about 73,000 language service providing firms

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Press Trust of India Beijing
China has about 72,495 companies offering language and translation services, generating an output worth about USD 41 billion in 2015, an official report said today.

Among them, about 7,400 specialised in the field, according to a 2016 report on the development of China's language service industry.

The sector generated an output worth about 282 billion yuan in 2015, state-run Xinhua news agency reported.

The development of information technology had presented brand new and huge opportunities for the growth of language services, said Zhou Mingwei, head of the China Foreign Languages Publishing Administration.
 

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First Published: Dec 24 2016 | 4:32 PM IST

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