A new e-commerce one person company (OPC) community opened at Zhongguancun Information Valley in Chongchuan district, Nantong, on Aug 28, positioning itself as a lean startup hub for e-commerce entrepreneurs.

The new e-commerce OPC community in Chongchuan district. [Photo/WeChat account: chongchuanonline]

The community provides entrepreneurs with artificial intelligence-driven tools for product sourcing, live streaming and customer support, along with affordable computing and bulk token purchasing. It has also appointed ten mentors, backed by their own orders and supply chain ties, to coach in digital marketing and monetization.

Several new e-commerce companies signed deals at the event to set up operations in sectors including AI, media and cross-border trade. Meanwhile, six local colleges and universities entered into partnerships with the companies.

Covering 12,000 square meters, the community is home to more than 20 startups. It offers entrepreneurs low-cost office space, supply-chain and order-sourcing support. For instance, a workstation costs just 2,999 yuan ($446.90) per year, significantly reducing upfront costs.

Currently, the park hosts over 150 e-commerce companies, many of which have gross merchandise value exceeding 100 million yuan. The OPC community plans to cultivate over 100 startups and more than 10 solo entrepreneurs, each with annual sales exceeding 10 million yuan.