The competition, supported by the International Table Tennis Federation (ITTF), the Asian Table Tennis Union (ATTU) and the Hong Kong Table Tennis Association (HKTTA), will feature 24 of the world's highest profile men's and women's players.

Competing across men’s, women’s and mixed-team league competitions, season one will include 228 men’s and women’s singles matches played entirely in Hong Kong from July to December 2017.

Matches will also take place during breaks in the current international and domestic table tennis calendars.

The event will also be the richest competition in the table tennis calendar.

The 24 players will battle for an unprecedented prize pool of $1.5 million (£1.2 million/€1.3 million) in the inaugural season.

"Table tennis is arguably the most highly participated sport in the world," said Jeff Chue, chief executive and commissioner of T2 APAC.

"But most people probably can’t name many of the top players in the world today.

"This tournament aims to change that by making household names out of our select stable of elite players."

The Chinese Table Tennis Super League is currently the only professional domestic competition in the Asia-Pacific region.

However, with no regional professional competitions to speak of, T2 APAC appears set to fill that void.

"Just in the last few years, interest and participation in the sport has grown tremendously all over the world," said ITTF President Thomas Weikert.

"We wish T2 APAC the best of luck with their plans to become a successful league and boost the sport in the Asia-Pacific region."