The city has hosted multiple international events, including the 1964 Summer Olympics and 1964 Summer Paralympics, the 2020 Summer Olympics and 2020 Summer Paralympics (postponed held in 2021), and three summits of the G7 (in 1979, 1986, and 1993). The Tokyo Metro Ginza Line, opened in 1927, is the oldest underground metro line in East Asia. Tokyo is home to the world's tallest tower, the Tokyo Skytree, and the world's largest underground floodwater diversion facility, the Metropolitan Area Outer Underground Discharge Channel (located in Kasukabe, Saitama, a suburb of Tokyo). In 2020, the city ranked fourth on the Global Financial Centres Index, behind only New York City, London, and Shanghai. As of 2021, Tokyo is home to 37 companies of the Fortune Global 500. It is also Japan's leading centre of business and finance as part of an industrial region that includes the cities of Yokohama, Kawasaki, and Chiba. Tokyo is the largest urban economy worldwide by gross domestic product, and is categorized as an Alpha+ city by the Globalization and World Cities Research Network. Since 1943, the Tokyo Metropolitan Government has administered the prefecture's 23 special wards (formerly Tokyo City), various commuter towns and suburbs in its western area, and two outlying island chains known as the Tokyo Islands. Beginning in the 1950s, the city underwent rapid reconstruction and expansion efforts, going on to lead the Japanese economic miracle. Tokyo was devastated by the 1923 Great Kantō earthquake, and again by Allied bombing raids during World War II. Following the Meiji Restoration of 1868, the imperial capital in Kyoto was moved to Edo, which was renamed "Tokyo" ( lit. By the mid-18th century, Edo was one of the most populous cities in the world with a population of over one million people. Originally a fishing village named Edo, the city became a prominent political centre in 1603, when it became the seat of the Tokugawa shogunate. Tokyo serves as Japan's economic center and is the seat of both the Japanese government and the Emperor of Japan. Located at the head of Tokyo Bay, the prefecture forms part of the Kantō region on the central coast of Honshu, Japan's largest island.
Formerly known as Edo, its metropolitan area (spanning 13,452 square kilometres or 5,194 square miles) is the most populous in the world, with an estimated 37.468 million residents as of 2018 the city proper has a population of 13.99 million people. Tokyo ( / ˈ t oʊ k i oʊ/ Japanese: 東京, Tōkyō, ( listen)), officially the Tokyo Metropolis ( 東京都, Tōkyō-to), is the capital and largest city of Japan.
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