With the explosion of the world economy, financial translation has become an important task in the translation industry. Financial translation includes the translation of business contracts, technical exchanges, cooperation agreements, rules and regulations, and business interpretation, which shows the importance of financial translation. Today, Beijing Translation Company shares with you two major issues that need attention in financial translation.
First, specialization and internationalization coexist
Professionalization is reflected in the fact that financial translation must use professional terminology, which is simple and clear. In order to echo the trend of globalization, Beijing Translation Corporation believes that internationalization must also be highlighted and manifested in the financial industry. We should know that after China's entry into WTO, the pace of international and domestic market exchanges and integration has accelerated, and various financial services have gradually opened to the outside world. During this period, exchanges between Chinese and foreign financial institutions have become more and more frequent, so financial translation is also indispensable.
Second, the coexistence of importance and timeliness
1. Importance: The content of financial translation determines its importance. Generally speaking, the content includes meeting minutes, information sheets, annual reports, credit guidelines, various reports, etc. These are mainly reported to the board of directors of financial institutions, shareholders'meetings and senior management of headquarters. These managers will make corresponding decisions according to the content, so they are of great importance. 2. Timeliness: Timeliness is precisely determined by its importance. Usually, it is necessary to receive the manuscript on the same day and submit it the manuscript the next day without delay.
These are the two major issues that Beijing Translation Co. shares with you about financial translation. I hope they will be helpful to you. If you have any other questions, please contact us!