Tokyo is the capital and most populous prefecture of Japan. Located at the head of Tokyo Bay, the prefecture forms part of the Kantō region on the central Pacific coast of Japan’s main island of Honshu.
Tokyo is the political and economic center of the country, as well as the seat of the Emperor of Japan and the national government.
The Greater Tokyo Area is the most populous metropolitan area in the world, with more than 37.393 million residents as of 2020.
Tokyo is the largest urban economy in the world by gross domestic product, and is categorized as an Alpha+ city by the Globalization and World Cities Research Network. Part of an industrial region that includes the cities of Yokohama, Kawasaki, and Chiba, Tokyo is Japan’s leading center of business and finance. In 2019, it hosted 36 of the Fortune Global 500 companies.In 2020, it ranked fourth on the Global Financial Centres Index, behind New York City, London, and Shanghai.
Shanghai is located on the southern estuary of the Yangtze, with the Huangpu River flowing through it. With a population of 24.28 million as of 2019, it is the most populous urban area in China and the second most populous city proper in the world. Shanghai is a global center for finance, technology, innovation, and transportation, and the Port of Shanghai is the world’s busiest container port.
In the 1990s, economic reforms introduced by Deng Xiaoping resulted in an intense redevelopment of the city, especially the Pudong district, aiding the return of finance and foreign investment to the city. The city has since re-emerged as a hub for international trade and finance.
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