China announced it will support the growth of market entities in the human resources services sector during the 2023-2025 period, according to the Ministry of Human Resources and Social Security.

The country aims to cultivate approximately 50 leading enterprises and approximately 100 smaller firms that are ‘innovative and distinctive’ in providing specialised human resources services by 2025, according to the announcement.

The government said it will take measures to expand employment through market forces, and platforms to match supply with demand in key areas, such as manufacturing. It will also provide assistance to China's western and north-eastern regions to beef up local human resources markets.

China also announced that it plans to establish approximately 30 national industrial parks for human resources services and a batch of local industrial parks by 2025, focusing on building high-level national talent markets in key areas. The government also announced it plans to establish high-quality export bases for human resources services.