CDP Group and Lockton today announced a strategic partnership in Shanghai, combining CDP’s human capital management expertise with Lockton’s global insurance brokerage capabilities to strengthen cross‑border employee benefits, compliance and workforce risk management. The partnership aims to jointly develop best practices in global core talent benefits and help organizations build resilient, people‑centric structures in increasingly complex international environments.
The collaboration will also benefit multinational enterprises operating in China, where competition for skilled local professionals remains strong. CDP and Lockton will jointly deliver compensation and benefits advisory, insurance brokerage solutions and new service models that help multinational companies establish clearer, more competitive and well‑governed benefits programs to attract and retain talent in one of the world’s most dynamic labour markets.
As Chinese enterprises accelerate overseas expansion, competition for local talent in foreign markets has intensified. Many candidates seek clarity around benefits, mobility support and risk protection before joining a Chinese company abroad. Through this partnership, CDP and Lockton will integrate end‑to‑end HR services with coordinated global insurance solutions to help Chinese outbound companies design competitive, transparent and compliant benefits frameworks that appeal to both expatriates and local talent overseas. This includes aligned compensation structures, international mobility support and enhanced protection for employees in varied regulatory environments.
The strategic partnership was formalized during a closed‑door forum jointly hosted by CDP Group and Lockton in Shanghai, bringing together more than 50 senior executives and human capital specialists. Discussions reflected growing enterprise focus on organizational capability building, cross‑border benefits governance, workforce risk management and the evolving role of HR and insurance functions in supporting sustainable global growth.
Wei Lu, Chairwoman and CEO of CDP Group, said: “As Chinese companies enter a more advanced phase of globalization, sustainable success increasingly depends on organizational strength and a clear talent strategy. Enterprises must move beyond incremental optimization to build globally resilient structures that support long‑term growth.”
Cedric Luah, Regional Head of People Solutions at Lockton Asia, said: “As organizations expand across borders, employee benefits governance and people risk management are becoming strategic priorities. Through our partnership with CDP, we aim to help companies attract, manage and protect their core talent globally while navigating regulatory and operational complexity.”
Timothy Hung, Regional Head of Growth and Strategic Development, People Solutions at Lockton Asia, said: “As China takes on greater prominence on the global stage, this strategic partnership is critically important for both Chinese companies expanding overseas and multinationals growing in China. It will bring greater clarity and certainty for enterprises operating across Belt and Road markets and other destination countries where Lockton has a strong presence.”
Looking ahead, CDP Group and Lockton will continue to deepen their collaboration, co‑developing integrated human capital and insurance solutions designed to help both Chinese and multinational enterprises thrive in an increasingly complex global environment.