A seminar held on Oct 20 brought together government officials, industrial park operators, entrepreneurs, legal experts, and trading platforms to discuss regulatory frameworks and ecosystem support for one-person companies (OPCs) in Shanghai's Lin-gang Special Area.

A seminar is held in Lin-gang to discuss regulatory frameworks and ecosystem support for OPCs. [Photo/WeChat ID: shlgguanweihui]

Lin-gang Special Area Administrative Committee Deputy Director Lin Yi said in her opening remarks that the OPC economy marks a profound transformation in how businesses operate and create value in the digital age. She emphasized that keeping institutional frameworks aligned with this shift is essential to unlocking entrepreneurial and innovative vitality and fostering new quality productive forces.

Luo Yijun, head of operations at Zero Cube, discussed how incubators can transition from space providers to resource partners during the event. Fu Qiang, deputy director of Shanghai Duan and of Duan Law Firm's Lin-gang office, analyzed the challenges facing OPCs and proposed corresponding solutions.

The attendees exchanged views on issues such as asset ownership, platform support, and regulatory compliance. Entrepreneurs highlighted the need for practical solutions to ownership disputes involving accounts, creative works, and data. Platforms proposed one-stop services for OPCs, spanning business registration, finance and taxation, computing power, and order matching. 

Meanwhile, professional service agencies called for standardized, affordable compliance services to better meet entrepreneurs' recurring needs. Government representatives and experts responded with proposals for tiered ownership verification and error-tolerance mechanisms.