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The former world number five plans to travel to the China once a month to mentor children in Shenzhen.
"I've seen a lot of talent here, it's raw talent and they are very capable young players," Lee told BBC Sport. "I'm very impressed."
He added: "I'm hoping to get involved and bring some really good young players through for the future."
Lee’s professional career as a snooker player has come to an end due to a 12-year suspension for match-fixing in 2013 when he was found guilty of fixing seven snooker matches in 2008 and 2009, including his World Championship first-round defeat to Ryan Day.
World Snooker chief Barry Hearn said he has "no sympathy" for Lee, but added he was "free to do as he pleased" in starting the academy in China.
Taken from SportsMole
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