FIFA is doubling its investment into the women's game to $1bn until 2022, and has named China host of the revamped Club World Cup in 2021.
Football's ruling body said on Thursday that its council agreed at a meeting in Shanghai to make an additional $500mn available from its reserves to the $500mn already approved for the development of the women's game between 2019 and 2022.
"The Women's World Cup that just happened in France has moved (the women's game) to the next level. "We need to build on that," FIFA president Gianni Infantino said.