To answer your questions, I did some digging and found the following:
2. How Is a Player Graded?
Players are graded in three levels, i.e. Super Class, First Class, and Second Class
A. Each player will be allotted certain ranking points based on their performance in major international and national tournaments as well as super league
Ranking Points = Super League Ranking Point + Major International Tournament Ranking Point + Major National Tournament Ranking Point
1) Singles or Team Champion in
Olympic Games or World Championships = 30 Points
Points good for four years for Olympic Games and two years for World Championships
2) Single's Champion in
National Games or National Championships = 10 Points
Points good for four years for National Games and one year for National Championships
3) Super League Ranking Points
a. Rank 1-7 = 60 Points
b. Rank 8-15 = 40 Points
c. Rank 16-20 = 20 Points
d. Rank 21 or lower = 0 Points
At the conclusion of each season, the Super League Organization Committee will grade the players according to the above outlined ranking point allocation criteria.
Players ranked 1-7 will be graded as Super Class and players ranked 8 - 18 as First Class. Prior to the player registration for the new season, the Organization Committee will announce the final list of Super Class and First Class players.
3. Is There a Salary Cap?
There may not be a salary cap per se, but I would think the following practice is similar to salary cap.
A club is only allowed to register a maximum of four "Super Class" and "First Class" players (including not Chinese players), among them no more than two "super class" players.
Note: all non Chinese players are graded as "First Class".
I don't have the list for 2015 Super Class and First Class Players yet, following is 2014's list for your reference:
2014 CTTSL Men's Super Class and First Class Players
Super Class
| First Class
|
1、马 龙 Ma Long
2、许 昕 Xu Xin
3、马 琳 Ma Lin
4、张继科 Zhang Jike
5、闫 安 Yan An
6、尚 坤 Shang Kun
7、王 皓 Wang Hao | 1、周 雨 Zhou Yu
2、张 超 Zhang Chao
3、郝 帅 Hao Shuai
4、樊振东 Fan Zhendong
5、邱贻可 Qiu Yike
6、刘吉康 Liu Jikang
7、崔庆磊 Cui Qinglei
8、梁靖昆 Liang Jingkun
9、徐晨皓 Xu Chenhao
10、林高远 Lin Gaoyuan |
This is my best guess.