The report notes the buyout clause has been paid, which is $47 million.
Head coach Luiz Felipe Scolari said: "Paulinho is a fantastic player who has a brilliant track record both in club and national team".
Guangzhou Evergrande manager Luis Felipe Scolari confirmed on Sunday that Barcelona have paid a fee of 40 million euros for Brazil worldwide Paulinho, who is expected to finalize his move to Camp Nou next week.More news: Fargo Public Library to host two solar eclipse events
Barcelona are continuing their pursuit of Liverpool's Philippe Coutinho despite having signed Paulinho for £36.5m from Guangzhou Evergrande, the Daily Mail have reported.
Guangzhou now lead the Chinese Super League standings and are in the quarterfinals of the Asian Champions League.Paulinho also shone at the global level in the past year, and scored a hat-trick in Brazil's 4-1 victory over Uruguay in a World Cup qualifier in March.
Villas-Boas believes that, while Paulinho's move will be a setback for Guangzhou Evergrande, the transfer shows that the Chinese Super League is being monitored by the world's biggest clubs.More news: Guingamp Score Barely Believable Own Goal On Neymar PSG Debut
Over recent days, a number of sources in Spain had suggested that an agreement to take Paulinho to the Camp Nou had been reached, with Chinese Super League outfit Guangzhou Evergrande set to pocket a fee in the region of 40 million Euro for the dynamic South American.
Paulinho had a hard first season in English football as Tottenham struggled after splashing out on seven new signings, spending over £100m, but ultimately finishing sixth in the Premier League as both Andre Villas-Boas and Tim Sherwood lost their respective managerial roles.More news: Pittsburgh Pirates use big third to top Toronto Blue Jays
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