International staffing firms have seen robust growth in the past few years according to the China Daily as Chinese companies have stepped up their search for international talent as they grow into multinational brands and expand overseas operations. The trend is also being fuelled by a raft of government manpower policies encouraging businesses to dip into the global market.
The report cited Spring Professional as an example of a company with annual revenue in China jumping by between 70% to 100% since 2015. "That is down to surging demand from Chinese companies for international staff," said Xiao Lirong, director for Beijing and Shanghai at Spring Professional, a subsidiary of leading HR company Adecco Group. "This is a major contrast compared with three years ago when the majority of our work was to help multinational corporations find candidates in China," Xiao said.