Funding
Officials of the Chinese Chess Association are appointed by the National Sports Committee which also provides funding.
The Chinese Chess Association, in 1993, received an endowment fund from Singapore businessman Mr. Lee Seng Tee who donated about US $1.5 million. Ten percent of this donation was for the establishment of the Chess library in China QiYuan. The remaining 90% were deposited in a fixed account from which the Chinese Chess Association drew interest mainly for its administrative operations and to send players for overseas competitions. In 1997, the Chinese Chess Association founded a computer firm to fund its other activities on an annual basis.
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