CPPCC Members Call for Enhanced Support for One-Person Companies

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China’s top political advisory body has recently heard calls for increased support to be directed toward one-person companies (OPCs), with local governments in recent days releasing draft proposals seeking public input on policies to bolster this emerging form of entrepreneurship.

Several members of the Chinese Political Consultative Conference have submitted recommendations to enable OPCs to participate across a wide array of sectors.

“It’s essential to provide clear support for young entrepreneurs,” said Long Wanli, a CPPCC member and deputy mayor of Shanghai’s Jing’an district. He emphasized that with OPCs, efforts should focus on helping young people reduce startup costs and offering comprehensive support from content creation through to industrial transformation.

Zhou Hanmin, a standing committee member of the National CPPCC and president of the Shanghai Public Diplomacy Association, highlighted the importance of micro-entrepreneurship funds in assisting OPCs. He noted that nurturing young people’s business ideas requires a process beginning with creative concepts and intellectual property, followed by establishing production bases and distribution channels, and culminating in digital simulation technologies. Zhou suggested that micro-entrepreneurship funds could be directed toward OPC projects and emphasized the need for tolerance when it comes to young entrepreneurs making mistakes.

Some local governments have already begun action. Changshu, located in eastern Jiangsu Province, released a draft for public consultation today, outlining 13 support measures for OPCs, including subsidies reaching up to CNY6 million (approximately USD872,800).

Hefei’s High-Tech Industry Development Zone announced 15 measures, providing financial support of up to CNY10 million (around USD1.45 million). Meanwhile, Longgang District in Shenzhen unveiled similar initiatives yesterday, offering free computing resources for new OPCs, discounts on office space, and grants up to CNY2 million.