Non-local resident account opening policies are relatively friendly — Bank of Chengdu and China Merchants Bank are proactive toward tech enterprises. Co-working spaces in the Hi-Tech Zone / Tianfu New Area typically offer integrated registered address + account opening address services.
Chengdu offers city-level and Hi-Tech Zone-level subsidies for high-tech enterprises. Social insurance rate ~38%, minimum base approximately ¥4,500/month — among the lowest of major cities. Small and micro enterprises can apply for social insurance deferral or subsidies.
Chengdu is a major hub for China's game industry, but game publishing license (banhao) approval cycles are extremely long (6-18 months) and policy is unstable. Game OPCs should not rely on a single product launching quickly — run multiple projects in parallel or choose overseas publishing that does not require a banhao.
Chengdu's density of high-end AI talent is lower than Beijing, Shanghai, and Shenzhen. If your OPC needs top-tier AI researchers, Beijing is a better fit. But if you need competent IT engineers (rather than top researchers), Chengdu's cost advantage is overwhelming.
Chengdu has high humidity and cold, overcast winters. If you operate a hardware lab requiring constant temperature and humidity, budget extra for equipment. On a personal level, some entrepreneurs report that long-term humidity affects quality of life.
Co-working spaces at ¥300-600/month in the Hi-Tech Zone are attractively priced, but some have inadequate network quality, soundproofing, and air conditioning. Try working there for 1-2 days before signing a contract.
| 成都市投资促进局 — OPC Innovation Ecosystem Alliance Launch (March 2026) | Government | 2026-05-09T15:19:54.994Z |
| Sichuan Provincial Government — Chengdu-Chongqing Economic Circle & Western Development Policy | Government | 2026-05-09T15:19:54.994Z |