Mickelson has won this event on two previous occasions when it was held in Shanghai, and he is confident of more success at its new home.
"I enjoyed our first time in Shanghai, but I think this golf course is wonderful, too," he said.
"The fact that the golf tournament is moving is nothing different than what we have amongst all of the big major championships in golf. This is a great site with a great golf course to host it.
"I played the course for the first time this morning; Keegan and I played a practice round and I really enjoyed it. I thought it was fun to play. (There is a) great mixture of holes and challenges, the greens are very fair and I think it's going to be a fun course."