Chengdu, an Ideal Place for Innovation & Entrepreneurship

Authors: Go Chengdu


Chengdu initiated its Entrepreneurship Tianfu Action Program in 2015 soon after China had launched the national Mass Innovation and Entrepreneurship Initiative.
One year later, the city has seen the registration of 249,000 new market entities, including 11,000 technology companies, with newly registered capital amounting to over RMB650 billion increasing by 103% year on year. It tops the central and western China in terms of number of new companies and amount of registered capital. In this year's first half, there were 150,000 newly registered market entities (incl. 9168 technology companies), increasing by 29.3% over the same period of a year ago.
In December 2015, the 2015 Chengdu Global Innovation and Entrepreneurship Fair, the first one of its kind in China, was convened in Chengdu. On June 24-26, 2016, about 1000 guests from 36 countries including the US, Germany, South Korea, Australia and Israel, and over 70,000 audiences attended the 2016 China (Chengdu) Global Innovation and Entrepreneurship Fair.
So far, in the city there have been 193 spaces with a total area of more than 15 million square meters for innovation and entrepreneurship, of which 21 have been included into the national hi-tech business incubator system.
Jingrong Start-up Hub
Jinrong Start-up Hub is one of the major maker spaces in Chengdu Hi-tech Industrial Development Zone, with the Sino-Korea Innovation and Startup Park as its core part. Covering an area of nearly 63,334 square meters, it focuses on industries involving mobile Internet, cloud computing, big data, 3D printing and Internet+.
Address: 200 5th Tianfu Street, Hi-tech Zone
Tianfu Jingrong Center
Located in Chengdu Tianfu New Area, the Tianfu Jingrong Center covers 1160,000 square meters and specializes primarily in IT, intelligent manufacturing and hi-tech service industries. Consisting of 3 zones, Zone A is centered on high technology, finance and Internet technology.
Address: Xinglong Street, Tianfu New Area
Jingrong Town
Located in Deyuan Town, Pixian County, the town is a state-level model for innovation and entrepreneurship. Up to now, covering 400,000 square meters, it has brought in 30 incubators, 1,098 projects and around 10,000 talents. Currently, the town is focusing on big data, intelligent manufacturing (UAV and robot), Internet+, biomedicine and VR & AR.
Address: Deyuan Town, Pixian County
MZQ Innovation and Entrepreneurship Area
The Area was open in last October, and is operated with a "market-oriented+ government support" mode. Covering Sichuan University, Chinese Academies of Sciences Chengdu Branch, and Sichuan Conservatory of Music, the Area offers free office space, financing, and training and mentoring to entrepreneurs and innovators.
Address: Moziqiao, Wuhou District
Smart City centering on Southwest Jiaotong University
Co-established by Jingniu District and Southwest Jiaotong University, the City, with the strong support of many scientific academies, a complete industrial chain and the National Laboratory for Rail Transportation, a world leading R & D center, is dedicated to rail transportation R & D.
Address: 2nd Ring Road (northwest to the city center)
Located in the Chengdu Hi-tech Industrial Development Zone, Thinkzone was recognized as the first state-level private hi-tech business incubator by the Ministry of Science and Technology of China. To date, it has incubated over 1,000 hi-tech companies with an annual production value totaling RMB3 billion, among which 5 have gone public. In 2015, the Rongchuang Teahouse inside the zone became a national maker space.
Address: 399 West Section, Fucheng Avenue, Hi-tech Zone

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