South-West Qiwang

The competition is a single-elimination tournament for 16 players. It is played with fast time controls: each player has no main time and five 40-second byoyomi periods, as of the 23nd South-West Qiwang in 2024.^[1] Formerly, in 2021 and earlier, each player had 30 seconds to play each move, as well as ten extra periods of 60 seconds.^[2]

As of 2025, the winner's prize is 250,000 RMB and the runner-up's prize is 120,000 RMB.^[3] This was increased from 2019, when the prize money was 160,000 RMB and 80,000 RMB respectively.^[4][5]