Shanghai serves as a major hub for China's music industry, which ranks as the world's 5th largest recorded music market¹. The city is home to a vibrant music scene featuring diverse genres including Mandopop, electronic, hip-hop, and indie rock². Shanghai's cosmopolitan nightlife includes venues like Yuyintang and Mao Livehouse that host both underground and international artists³. As China's financial capital, Shanghai plays a crucial role in the country's $10+ billion music industry⁴.