The tournament, which involves the winners of the premier women's club competition in each of the continental confederations, will be played between January 28 and February 1, Fifa said.
Arsenal will represent Europe in the competition after their Women’s Champions League success last season (Getty Images)
It is understood the venue in London is still to be confirmed.
The competition was approved by Fifa Council in March this year, with London understood to have been selected because of England's proven engagement with the women's game.
The final phase features four matches - two semi-finals, a third-place match and the final.
PA
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