The total purse goes up to more than #1.9million, with a winner's cheque of #320,000.
"We have all shared in the vision and worked extremely hard to take the Volvo China Open to the next level," said Zhang Xiao-ning, vice president and secretary general of the China Golf Association.
"With golf in the Olympics in 2016, we envisage a huge rise in the popularity of golf in China and feel sure that the move to Luxehills will inspire many youngsters there and throughout China and set them on the path towards enjoying the great game of golf."