What they say
Experts, investors and entrepreneurs share their views on Chengdu's startup and innovation environment, Yang Cheng and Peng Chao report.
"Chengdu has taken the lead in regional development. Many universities with strong faculties are located in the city. Human resources in Chengdu offer a top startup environment."
Zhu Baoliang, director of the economic forecast department, and chief economist, National Information Center
"The thresholds for startups in Chengdu are lower than in East China. The city has strong academic resources and strong government support. Chengdu has taken the lead in western China for startups and innovation projects. Companies investing in Chengdu are expected to see rapid growth and high returns."
Sheng Xitai, cofounder and partner, Angel Plus fund
"We used to invest in the Chengdu environmental protection sector. For new startups, Chengdu could be touted as a beacon, leading new ways in the market. It is also attractive due to its excellent business climate."
Zhu Min, president and founder, Cybernaut
"Chengdu enjoys abundant human resources and low startup costs, so the city has become a concentration of startups and innovative firms. The Peking University Alumni Association will set up an angel fund in the city to help new companies realize their dreams there."
Yang Yan, partner, Startup Fund, Peking Alumni Association
"Chengdu's low living costs and favorable policies attracted me to return from Canada after 10 years of work and study there. Now I have started my healthcare trade business and I believe e-commerce is set to continue its booming trend in western China."
Liao Hanming, a Chengdu native and founder of a startup firm
(China Daily 02/19/2016 page12)