In this work, we take a further step towards satisfying practical demands in Chinese lyric generation from musical short-video creators, in respect of the challenges on songs’ format constraints, creating specific lyrics from open-ended inspiration inputs, and language rhyme grace. One representative detail in these demands is to control lyric format at word level, that is, for Chinese songs, creators even expect fix-length words on certain positions in a lyric to match a special melody, while previous methods lack such ability. Although recent lyric generation community has made gratifying progress, most methods are not comprehensive enough to simultaneously meet these demands. As a result, we propose ChipSong, which is an assisted lyric generation system built based on a Transformer-based autoregressive language model architecture, and generates controlled lyric paragraphs fit for musical short-video display purpose, by designing 1) a novel Begin-Internal-End (BIE) word-granularity embedding sequence with its guided attention mechanism for word-level length format control, and an explicit symbol set for sentence-level length format control; 2) an open-ended trigger word mechanism to guide specific lyric contents generation; 3) a paradigm of reverse order training and shielding decoding for rhyme control. Extensive experiments show that our ChipSong generates fluent lyrics, with assuring the high consistency to pre-determined control conditions.