Shanghai is the largest city in China and one of the largest in the world, with a population of over 20 million. Once called the 'Paris of the East', today it is at the centre of China's economic, cultural and commercial growth.
In the 1990s, the economic reforms in China resulted in an intense redevelopment of the city, resulting in considerable investment. With its position at the mouth of the Yangtze River, Shanghai now has the world’s busiest container port. In addition to traditional activities, service industries are booming, including catering, hotel, entertainment, tourism, real estate, media and information services and technology.
Shanghai is home to many Chinese professional athletes, such as Yao Ming, Liu Xiang and Wang Liqin. Since 2004 Shanghai has hosted the Chinese Grand Prix cementing it firmly on the sporting calendar. In 2010, Shanghai also became the host city of German Touring Car Masters (DTM), which raced in a street circuit in Pudong and also holds the Shanghai Masters tennis tournament, and the BMW Masters and WGC-HSBC Champions golf tournaments.