On May 18, the Information Office of Shandong Provincial People’s Government held a press conference to introduce the high-quality development of human resource service industry in Shandong province.

In recent years, the human resource service industry in Shandong Province shows a rapid growth trend, and the construction of human resource market system improves significantly. In 2022, the province's annual revenue of human resource service industry reached 133.8 billion yuan, with an annual growth rate of more than 23% in the past three years. There were 10,123 human resource service institutions in the province, with an increase of 14.8%; Among them, 9,570 are private institutions, accounting for nearly 95 percent; There are more than 240 institutions with an annual revenue of over 100 million yuan, 131 high-integrity institutions at or above provincial level, and more than 30 featured labor service brands of human resource services.

At the same time, it has built three national human resource service industrial parks in Jinan, Qingdao and Yantai, and Qingdao national human resource service export base, making it the only province in China with three national human resource service industrial parks. The human resource service industrial parks have turned into a highland of industry innovation, forming a dynamic situation in which resources and elements are pooled and institutions are developing together. In the first quarter of this year, the number of human resource service enterprises above designated size reached 1172, with a year-on-year growth of 12.5%; the operating revenue reached 24.64 billion yuan, up 5 percent year on year.