Human Resource Service (HRS) might be a rare word for daily conversations, it is by no means something to be easily ignored by the Chongqing Municipal Government.
In fact, Chongqing had been so keen on this potential economic growth engine that it was approved by the Ministry of Human Resources and Social Security back in 2011 to build China’s second-ever national-level human resource service industrial park, right after Shanghai.
Currently, there are almost 400,000 public and private HRS organizations nationwide, only 19 of which are national-level industrial parks, with an annual total revenue of 1.96 trillion yuan.
Since its official operation in 2017, the China (Chongqing) Human Resource Service Industrial Park has introduced 90 leading HRS enterprises to provide services in employment, labor dispatch, labor outsource, headhunt, salary design, management consultation, HR big data, etc., creating a comprehensive HRS industry supply chain.
Among the park’s contracted HRS enterprises are one Fortune 500 company, one China’s top 500 company, one A-share main board listed company, one HKSE listed company, three world’s top 50 companies in the industry, and 13 Greater China’s top 100 companies in the industry.
For the past three years, the park has generated 21.35-billion-yuan worth of accumulative turnover and 506-million-yuan worth of total tax revenue, providing personnel and corporate services 3.25 million times and 108 thousand times, respectively. Even under the impact of COVID-19 in the first half of 2020, the park created 3.85-billion-yuan worth of turnover and 104-million-yuan worth of tax revenue, a 35% and 67.7% year-on-year increase, defying all odds that were indicating to a sharp slowdown.
Such remarkable achievements can be attributed to its successful practices in hosting HRS exhibitions, conferences, and competitions, building headhunt bases, settlement centers, and scientific cities, as well as its piloting experimentations in providing free online occupational training and cloud employment campaigns.
As of now, the park had witness three editions of the Western China (Chongqing) Human Resource Service Expo, two editions of the Headhunt Summit, and one edition of the Western Human Resource Competence Competition, with the country’s first national HRS development conference also slated to be held here in March 2021. Many more efforts will be made to address the HRS industry development needs under the era of Chengdu-Chongqing Economic Circle.
The country’s first-ever professional headhunt base has been set up within the park, housing international and domestic headhunt organizations such as Antal International, Risfond, Liepin, and WiseNet. It has helped the city introduce a total of 237 high-end talents since its initial operation three years ago.
The FESCO Adeco Chongqing Human Resource Settlement Center and the Haotai Group Human Resource Settlement Center based in the park are expected to create 1.68-billion-yuan worth of accumulative turnover and 120-million-yuan worth of total revenue in the following five years.
What’s more, in collaboration with the Chongqing High-Tech Development Zone, the park will build a scientific city park to pool in talents and provide HRSs for the innovative, tech-savvy, internet companies in Western China (Chongqing) Scientific City.
During the depth of this year’s COVID-19 crisis, the park was quick to build on its strengths as a national-level industrial park and launched a string of “cloud employment” fairs to counter the sudden change in the labor market. 68 HRS organizations and over 5,000 employers participated in these events, providing a total of 200,000 openings for job seekers.
The park also inked strategic cooperation partnerships with many professional skill-training platforms such as the Ningbo Digital Trade Talent School, offering over 6,000 episodes of training courses for free to the city’s 1,000 enterprises and 12,000 workers.
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