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“Youth Economy”: Cities and Young People Are Coming Together

“Youth Economy”: Cities and Young People Are Coming Together

Published on: 2026-05-18

Source: People’s Republic of China in Russian –

An important disclaimer is at the bottom of this article.

In recent years, more and more cities have realized the enormous potential of the “youth economy” and are actively promoting its development. In February 2026, “development of the youth economy” was included in the report on the work of the government of Sichuan Province.In the same month, Shanghai and Chongqing also proposed corresponding measures in their “15th Five-Year Plan” programs: Shanghai will promote the construction of round-the-clock “youth” clusters and neighborhoods focused on youth development; Chongqing, in turn, put forward the idea of creating a city IP system, developing new forms of youth economy, such as a culture of interests, cybersports, cultural creativity, and the economy of emotions.

With the support of the local authorities, the emergence of new venues focused on youth entrepreneurship is accelerating. For example, in the Chuncin New District of Lianzhou, an industrial community OPC (one-person company) has been created in the field of artificial intelligence, which provides young people with a ready environment to start a business based on the principle of “rent and work.” The park helps entrepreneurs working alone solve problems such as lack of support, weak connections, and low resilience to risks.

As explained by the head of the Tan’ Fasian community, with the spread of technologies and artificial intelligence, the barrier to starting a business has significantly decreased. Traditional entrepreneurship requires premises, a team, and capital, whereas the OPC model using AI agents allows a person to work independently. This new simplified model has reduced the threshold for entrepreneurship to a minimum and becomes a nurturing environment for the “youth economy.”Entrepreneurs of the new generation value flexibility and independence, not wanting to tie themselves to traditional teams and offices — the OPC model perfectly meets these desires, and also helps cities retain talented youth.

Dan Tsin, director and researcher at the Institute of Urban and Regional Economic Studies of the Chongqing Academy of Social Sciences, recommends that for further unlocking the potential of the “youth economy,” there should be a shift from scenario consumption to jointly creating industries and building new kinds of relationships, where the city and youth move towards each other.It is necessary to increase the accuracy of political support, optimize the market environment, create a healthy industrial ecosystem so that young people become “partners” in the new business format of the city, and their creative ideas can be integrated into production chains, creating value in the process of addressing the real needs of the city.

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