Iniesta was given a rapturous applause in the recent Copa del Rey triumph and final El Clasico this weekend, indicating an end of an era for the Blaugrana youth product - who's become an iconic figure within the LaLiga champions.
However, with the 33-year old ready to seek a new challenge after winning every accolade possible with his boyhood club, Chongqing Lifan reportedly stepped in with an offer for the out-of-contract playmaker.
Reports last month suggested that PSG and Manchester City were keen on keeping the 2010 World Cup winner in Europe due to his consistent level of world-class performances this season despite his advancing years - and the latest news of his prospective Far-East move will be a huge boost for their chances.
According to Sky Sports, Chongqing Lifan are refusing to pay the veteran midfielder an exorbitant salary due to the salary cap set by the Chinese government to curb the excessive spending of recent times.
The report further states that Chinese side's president Jiang Lizhang confirmed Iniesta will be a part of marketing and youth development but no professional contract has officially been offered as yet.