The Chinese Football Association (CFA) has announced that the new salary cap policy for Chinese football players will be reduced from its current minimum of 4.5 million yuan to just over 1.5 million yuan.

This move comes after several rounds of protests by fans and players against the new salary cap system introduced by the CFA in recent years. The CFA had previously proposed a cap of 2.5 million yuan per season, which was later reduced to 2 million yuan due to concerns about player safety and financial stability.

However, the CFA's decision to reduce the salary cap to 1.5 million yuan has been met with mixed reactions from both fans and players. Some fans have expressed concern about the impact on their livelihoods, while others argue that it is necessary to balance player safety and financial stability.

Despite these differing opinions, the CFA has stated that they will continue to monitor the situation closely and take appropriate measures to ensure the safety and well-being of all players. The new salary cap policy aims to provide a fair and transparent system for the management of players' salaries, but it remains to be seen how effective it will be in achieving this goal.