The UFC's return to China on November 23 has got it's headliner and it's one of the most exciting match-ups of the year.

Top five bantamweights and former UFC champions will collide when Petr Yan faces Deiveson Figueiredo at the Galaxy Arena in Macau.

For Russia's Yan, a win here could see him earn the chance to reclaim the title that he previously held, potentially in a rematch with Merab Dvalishvilli who defeated him in March last year.

"No Mercy" was able to snap a three-fight skid last time out by beating Song Yadong via unanimous decision at UFC 299 in March.

Yan is clearly one of the best 135-pound fighters in the world when he's on form and against an opponent like "Deus da Guerra", he'll get to showcase his striking skills.

Brazil's Figueiredo has earned three consecutive wins at bantamweight since moving up from the flyweight division where he was a two-time champion.

Wins over Rob Font, Cody Garbrandt and Marlon Vera have put him in the mix, with the current champion Dvalishvili repeatedly stating that Figueiredo is the most deserving title challenger right now.

With the undefeated Umar Nurmagomedov clearly being the new champion's first challenger as a result of Figueiredo being booked against Yan, we could find out who the next in line will be in Macau on November 23.

Several other big match-ups have also been officially announced by the UFC for the same event.

Former women's strawweight title challenger Yan Xiaonan faces Tabatha Ricci on home soil.

Top 10 light heavyweights are also set to meet for the first time when Carlos Ulberg looks to continue his rise to the top against former title challenger Volkan Oezdemir.

The four tournament finals for season 3 of Road to UFC are set to take place as is the highly anticipated debut of former Cage Warriors' fighter Lone'er Kavanagh following his stunning performance on Dana White's Contender Series.