About FESCO

Beijing Foreign Enterprise Human Resources Service Co., Ltd. (FESCO) was founded in 1979 and sent the first Chinese employee to the foreign company. Since then, China's human resources service industry has emerged. [1]. For more than 40 years, FESCO has been leading the development of China's human resource industry from Beijing to the whole country and overseas. As a professional provider of comprehensive HR solutions, FESCO always provides comprehensive HR solutions for various organizations and enterprises with warm services and advanced technology, driving the rapid growth of Chinese and foreign enterprises' business in China and helping domestic and foreign talents to continuously enhance their value.

FESCO has a long history of professional human resources services, rich market experience and complete service qualifications, and is very competitive with great brand value in the industry. For more than 40 years, FESCO has devoted itself to the human resource service industry, covering employment management, human agency, business outsourcing, health management, taxation and compensation, flexible benefits, management consulting, international talent services, high-end talent search and other multiple fields. It insists on building every link of the human resource value chain with craftsmanship.

As one of the largest HR integrated solution providers in China, FESCO serves tens of thousands of customers and millions of Chinese and foreign talents. Its service network covers the whole country, and its customers cover many fields such as information and communication, new energy, new materials, aerospace, biomedicine, and intelligent manufacturing, etc.

In the future, FESCO will continue to create value through services, products and technology, build a valuable intelligent human service ecology, lead industry empowerment with value symbiosis, and help China provide services for global sharing.

1

References：
The Mighty Force of Prosperity and Development Gathered in Mobility -- Significant Achievements in the Development of China's Human Resources Service Industry
Notice of the Beijing Municipal Revolutionary Committee on the Establishment of the Beijing Friendship Commercial Service Corporation (Jing Ge Fa [1979] No. 574)

Our History

2022
2021
2020
2019
2018
2012
2010
2004
2001
1999
1996
1995
1993
1988
1983
1980
1979

2022

On July 27th, the major asset restructuring project between Beijing Foreign Enterprise and Beijing City and Township was officially approved by the China Securities Regulatory Commission, which is a milestone moment and marks the acceleration of the landing process of FESCO in the capital market.

2021

FESCO is fully committed to promoting major asset restructuring in order to optimize the layout structure of state-owned capital and achieve value preservation and appreciation.

2020

FESCO, under the guidance of the Beijing Talent Bureau, will create a one-stop service app for Beijing's international talent services, EASY BEIJING, which will be launched globally through CCTV news broadcast to help international talents integrate into Beijing.

2019

FESCO was entrusted by Beijing Municipal Government to set up the first one-stop government service workstation for foreign talents in Chaoyang District.
FESCO was transformed from a wholly state-owned enterprise to a mixed-ownership enterprise.
FESCO was awarded the title of "National Advanced Group for Helping the Disabled" by the State Council Working Committee for the Disabled.

2018

FESCO held the FESCO For the Future product launch, launching a series of intelligent, collaborative and mobile products, which can be operated through cell phones to get all HR services with one click.

2012

FESCO started to provide HR business process outsourcing, cloud-based HR technology platform construction, shared service construction and consulting services for corporate clients to help them realize HR management transformation.

2010

FESCO and Adecco established FESCO Adecco Shanghai Company Limited as a joint venture in Shanghai.

2004

"FESCO Call Center" started to operate.

2001

FESCO National Service Center was established and signed FESCO National Human Resource Service Cooperation Master Agreement with nearly 100 suppliers one after another, and launched National Business Online Operation System.

1999

FESCO provided onsite service to IBM for the first time, realizing "zero distance service" to large client companies.

1996

FESCO started to provide national HR services to clients and was the first in the industry to launch a nationwide integrated service.

1995

FESCO led the re-revised national unified text of the Contract for the Employment of Chinese Employees, which was the first version of the employment contract for Chinese employees.

1993

FESCO and Beijing Talent Exchange Service Center co-hosted the "First Foreign Enterprise Recruitment and Exchange Fair", which pioneered the venue recruitment fair in China.

1988

FESCO cooperated with Beijing Talent Exchange Service Center to dispatch talents to work in foreign organizations by means of talent dispatch, which was the first new initiative of the company to try out personnel file management reform.

1983

"Foreign Service Company of Beijing Friendship Commercial Service Corporation" officially changed its name to "Beijing Foreign Enterprise Service Company", abbreviated as "FESCO" in English.

1980

The Domestic Service Department of Beijing Friendship Commercial Service Corporation formulated and used the Contract for the Employment of Chinese Employees.

1979

On November 16, the Domestic Service Department of Beijing Friendship Commercial Service Corporation (the predecessor of FESCO) sent its first Chinese employee and set this day as the anniversary of the establishment of the company, creating a precedent for the human resource service industry in China.

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