Subsidies for new headquarters operations

The Chengdu government recently released a new policy to attract company or regional headquarters to the western hub city.

The initiative offers a wide range of incentives in finance, government services, logistics and human resources to encourage companies to locate their headquarters to the capital city of Sichuan province.

Companies that set up headquarters for the Asia-Pacific region in the city or with registered capital of more than 1 billion yuan ($160.3 million) in Chengdu are eligible for tax breaks and other benefits totaling 30 million yuan.