[29January 2016] Shenzhen, China—: The innovative World Ladies Championship is poised to cement its position as one of the game’s premier tournaments in 2016.As well as announcing a 33 per cent increase in the prize purse to US$800,000, organisers have confirmed other notable developments that will elevate the status of the event that was launched by China LPGA Tour in partnership with Ladies European Tour and Mission Hills Group in 2012.For 2016, the championship will be sanctioned by the Ladies European Tour [LET], the China LPGA Tour and now the Korean LPGA as well.The championship will retain its unique three-in-one format, created by Mission Hills, China LPGA Tour, and LET with an eye on golf’s return to the Olympic Games this year in Rio de Janeiro.After four years at Mission Hills Haikou, the fifth edition of the championship will switch to the Mission Hills Dongguan site in close proximity to Hong Kong and will be held from March 10-13, 2016.