The meeting will take place alongside the FIDE General Assembly in Abu Dhabi from February 28 to 29. 

Coronavirus has so far caused 638 deaths in China and infected more than 31,000 people around the world. 

"We are constantly monitoring the situation and I am in permanent touch with our ambassador to China," said FIDE President Arkady Dvorkovich.

"Many Chinese chess players are participating in our tournaments and we have Chinese colleagues in the Federation.

"We had a scheduled Presidential Council session in China in late March, but we decided against taking the risks and relocated it. 

"It will be held in late February on the sidelines of the General Assembly's meeting in Abu Dhabi."

Dvorkovich also revealed the main issues at the General Assembly would be the Federation's new charter and a new budget. 

A large number of sporting events in China have already been cancelled or rescheduled.

Sports affected include boxing, football, wrestling, basketball, tennis, hockey, badminton, diving, equestrian, golf and biathlon.

The World Athletics Indoor Championships, initially scheduled for March in Nanjing, is the most high-profile sporting event to be postponed because of the virus so far.

It has been delayed by a year until March 2021.

The opening test event for the Beijing 2022 Winter Olympics, an Alpine Skiing World Cup in Yanqing, was also cancelled. 

This year's SportAccord World Sport and Business Summit in Beijing, scheduled for between April 19 and 24, is another major gathering under threat.