Hongqiao Park: Shanghai's rising hub for HR innovation and services

The Hongqiao Branch of the China Shanghai Human Resources (HR) Service Industry Park. [Photo/WeChat ID: minhangnews]

The Hongqiao Branch of the China Shanghai Human Resources (HR) Service Industry Park, also known as Hongqiao Park, has rapidly become a pivotal HR services hub since its opening in 2022.

Located within the Shanghai Hongqiao International Central Business District, the park houses 240 HR enterprises, including industry giants like Manpower Group, CDP Group, and YS Group, generating revenues exceeding 10 billion yuan ($1.38 billion).

The Trustlink HR Service SOP. [Photo/WeChat ID: minhangnews]

A notable feature of Hongqiao Park is the Trustlink HR Service SOP, a digitalized HR service factory that reassembles intricate HR processes using an assembly line model, integrating big data and cloud computing. This innovative approach has significantly enhanced operational efficiency, serving over 1,500 clients nationwide.

The park also boasts advanced technology like the recruitment cloud system robot by YS Group, which uses AI to streamline the talent matching process, reducing the time and cost associated with traditional recruitment methods. The company's all-in-one HR digital service cloud platform, HRWORK, has become a pioneer in the industry.

A display of the HRWORK platform. [Photo/WeChat ID: minhangnews]

Hongqiao Park aims to be a global headquarters hub for HR service enterprises by leveraging its strategic location and favorable policies. CDP Group, a top-ranking HCM SaaS+ service provider that provides human capital management solutions for various industries, exemplifies this ambition, serving over 1,000 clients in 45 industries and offering global services in over 110 countries and regions.

The park's commitment to innovation is further evident in platforms like "Jinli Recruitment" by Shanghai Tianshu Human Resources Service Co Ltd, which focuses on youth employment, especially new college graduates and young individuals within three years of graduation. Since its establishment, this platform has partnered with over 300 universities and colleges in East China.

With continuous improvements in its policy system and service measures, Hongqiao Park has created a thriving ecosystem that provides comprehensive HR services to over 1 million enterprises.