The federation was founded at the initiative and cooperation of China Sustainable Society, Nordic Sustainable Organization, Nordic Vikings, Hokay, Harbin Sport University, Chengde City and Beijing International. The Federation is looking to set up teams in Chengde, Harbin, Changchun, Qiqihar, Jiamusi, Fuyuan (close to the Russian border and Khabarovsk, where there's a professional Russian bandy club) as well as Beijing.[4] China Bandy is mainly financed by private resources. The City of Chengde, the Federation of International Bandy and some Russian and Swedish companies has helped starting up the organisation.[5]