The standards and functions of translation are determined by such factors as the integrity of knowledge, truth seeking and logic preciseness. Translation can accelerate the process of knowledge creation, and it itself embraces the element of knowledge creation. In order to facilitate the exchange of ideas and the mutual reference of cultures, translation first needs to reconstruct knowledge through some creative means. Second, translation needs to transform the way of thinking. Third, translation needs to expand the scope of local culture to pursue the global understanding and acceptance of local knowledge. The immense value of translation lies in its embodied power which can boost the creation of knowledge.