2016 class of inductees into the Basketball Hall of Fame, Yao Ming of China speaks during a press conference at the Naismith Memorial Basketball Hall of Fame, on September 8, 2016. [Photo: Xinhua/Wang Ying]

The Chinese Basketball Association (CBA) has announced that former NBA player Yao Ming will co-head a transition team to prepare for the organization's upcoming elections.

The CBA is set to elect its new leadership and national representatives later in March.

The transition team will also work on the establishment of a CBA corporation that aims to build a better business model for basketball in China.

Yao will head the team together with Li Jinsheng, the CBA's current Vice President.