Chongqing: An Emerging Economic Powerhouse and Liveable City in China

Ideal for Entrepreneurship and Business Growth

Chongqing government was among the first local governments to encourage entrepreneurship in China. They refer to small start-ups as “微企”. There are many beneficial policies for “微企” companies, including tax exemptions, reductions and access to cheap or free office spaces, along with direct financial incentives of around $20,000 USD for each start-up. These supportive start-up policies have helped foster a thriving entrepreneurial environment in Chongqing. In addition to start-up policies, Chongqing has also developed strategic transportation infrastructure that provides profitable conditions for local industries to flourish. As one of the largest inland harbors in China, Chongqing serves as a major transportation hub with highways, railways and the new “渝新欧” railway project connecting China to Central Europe - the “new silk road”. Industries like automobiles and electronics have grown significantly in Chongqing due to the strategic location and transportation access.

A Liveable Big City With Modern Amenities and Cultural Heritage

Despite its large size of over 30 million people across its municipality, living in Chongqing feels very comfortable. Residents enjoy spacious apartments for extremely affordable rents, often well under $500 per month even in the city center. Daily costs of living are also low, with meals often costing just $1. Modern conveniences like the efficient and affordable subway system, ride-sharing services and ample shopping malls co-exist with the city’s well-preserved cultural areas like CiQiKou and HongyaDong. Residents have access to both traditional Chinese culture as well as western-style lifestyle amenities. World-class entertainment and sporting facilities ensure an enriching city experience. With its strategic location and thriving local economy, Chongqing is truly emerging as an important economic center of China while maintaining a high quality of life for its residents.

Abundant Natural Beauty and Recreational Activities

Nicknamed the “Mountain City”, Chongqing lives up to its name with spectacular natural scenery everywhere. Cruises along the Yangtze river reveal breathtaking night views of the city lights. Residents and visitors can easily escape the bustling urban environment into the surrounding green mountains. The Chongqing Zoo is a top attraction where one can see adorable giant pandas up close.
Outdoor activities abound with options like hiking, rock climbing, cycling and boating. For a relaxing break, visitors can unwind in the city’s many tea houses, coffee shops and outdoor parks. World-class indoor sporting facilities cater to every interest from basketball to swimming. Chongqing offers the perfect balance of concrete jungle and natural environment for an active lifestyle.

Warm and Welcoming Local Culture

Internationally, Chongqing is renowned for its mouthwatering hot pot cuisine - a communal dining experience where ingredients are cooked table-side in a shared pot of broth. Local specialties using Sichuan peppercorns offer an explosive sensory experience. Beyond food, traditionalChinese opera, acrobatic performances and ancient folk customs keep the local culture alive. Visitors frequently remark on the kindness of Chongqing residents. With their energetic spirit and curious nature, locals form quick connections. While tempers can flare on occasion, disputes are usually short-lived. Feeling safe day and night, foreigners happily integrate into the bustling urban rhythm of Chongqing. The prosperous yet affordable city has become a new foreign expatriate hub in southwest China.

Conclusion

With its strategic location, thriving local industries, natural beauty, and livable culture - Chongqing stands out as an emerging economic powerhouse in China. Continuous improvements in infrastructure and policy support for entrepreneurship will propel further development. As living costs remain low compared to first-tier cities, many residents and overseas professionals are attracted to Chongqing’s unique value proposition. This mountain city poised to take a leading role on the global stage in the decades to come.