Given the challenges of slow growth and low survival rates in the early stages of Parashorea chinensis cultivation, identifying sustainable methods to enhance seedling performance is critical for successful reforestation and conservation efforts. This study aimed to address these by investigating the growth-promoting effects of phosphate-solubilizing bacteria (PSB). One-year-old seedlings of P. chinesis were inoculated with PSB strains isolated from the rhizosphere soil of Parashorea chinensis H. Wang plantations Y3, W5, H8, and a mixed strain (Mix), with inoculated seedling as a control (CK). The effects of inoculation on seedling growth, photosynthetic physiology, plant nutrient status, and physiological indicators were comprehensively evaluated. Results showed that PSB inoculation increased seedling height and basal diameter growth of P. chinensis, with an increase of 1.56 cm and 0.53 mm compared to CK, respectively, though the differences were not significant. The Mix treatment significantly improved photosynthesis, with increases in net photosynthetic rate (106.3%), transpiration rate (93.89%), and intercellular CO2 concentration (75.51%) compared to CK. Nutrient levels including total nitrogen, total phosphorus, and total potassium were significantly increased by 15.98%, 25.54%, and 32.12%, respectively, in the Mix treatments compared to CK. Moreover, stress resistance also improved, with higher proline content, soluble sugar, and soluble protein levels. Antioxidant enzyme activities (SOD, CAT, and POD) were increased by 9.83%, 23.66%, and 292.32%, respectively, while MDA content was significantly reduced by 69.01%. The mixed strain treatment also significantly increased acid phosphatase activity by 111.88%. In conclusion, PSB inoculation, particularly with the mixed strain, promoted growth and nutrient uptake photosynthetic efficiency and stress resistance in P. chinensis seedlings, offering a promising biotechnological solution for improving seedling performance.