Chinese Super League clubs have made a number of high-profile signings recently, with Shanghai SIPG buying Brazil midfielder Oscar from Chelsea for €60 million.
Their rivals Shanghai Shenhua signed Argentine and former Juventus striker Carlos Tevez for a reported €84 million, but Toure said money was not everything to him.
Yaya Toure rejects huge China offer: reports
"Do you play football because you love football or do you play because you want to make money? Me, I just want to play football because I enjoy it," he told British media. "Some people have the mentality that they want to do that [go to China] - to try something different. But for me, my feeling is that I want to play more football.
"Look at my friend Ibrahimovic. He's 35 and he's going to play for maybe three more years? He's got the same mentality as me. He's a big player, a champion who loves football. It's football first. Anything after that is a bonus."
Toure, who is out of contract in June, was frozen out of City's squad earlier this season following a spat between manager Pep Guardiola and the player's agent, but returned to the team in November after making a public apology.
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He has featured regularly ever since, but there is no official word yet on whether he will be offered a new contract at City.
His agent revealed last week that he had turned down a £520,000 a week offer to play in China. "I want to play in Europe, especially in England. I want to continue doing that for a few years yet. I always say that if I went to China I would end up feeling angry there," the 33-year-old added.
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