Human resources to play key role in country's advancement

China is drafting specific measures of an action plan to create a more favorable environment for domestic and international human resources companies, with the aim of building an HR market worth 2 trillion yuan ($300 billion) by 2020.

The action plan was published on the website of the Ministry of Human Resources and Social Security on Oct 11.

Last year, the country was home to 26,700 HR service providers, employing about 553,000 people and earning combined revenue of 1.18 trillion yuan, according to the ministry.