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Web of Proceedings - Francis Academic Press

Translation Industry in China: An Industrial Economic Perspective

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DOI: 10.25236/icess.2019.046

Author(s)

Wenli Tang

Corresponding Author

Wenli Tang

Abstract

The present study deals with China’s translation industry from the perspective of industrial economics. The paper first looks at the boundary and development of China’s translation industry. Then, it proceeds to an elaborate analysis of the industry through recourse to the SCP (structure—conduct—performance) paradigm from industrial economics. The paper ends by suggesting ways for promoting a healthy and sustainable development of China’s translation industry. The study is expected to bear relevance for analyzing translation economy in an objective and systematic fashion.

Keywords

Translation industry, SCP paradigm, Industrial economics, Healthy and sustainable development