Busan Metropolitan City, also commonly referred to as Pusan, is the largest harbor city in Korea, with a population of about four million, Busan is South Korea's second largest metropolis next to Seoul. The densely populated city is situated in the narrow Nakdong River valley, with mountains separating some of the various districts. Busan is located at 35°6'10" North, 129°2'25" East (35.102778, 129.040278).
Busan was the host city of the 2002 Asian Games and APEC 2005. It was also one of the host cities for the 2002 FIFA World Cup. Governmentally, Busan is designated as a Metropolitan City in the southeast of South Korea. On November 14, 2005, the city officially announced its bid to host the 2020 Summer Olympics Games.
Geumjeong Mountain to the west is a popular weekend hiking spot for Busan residents. To the north, the neighborhoods around Busan National University (also known as Pusan National University, which is one of the leading higher education institutes in Korea), are student theaters, cafes, bars and restaurants, as well as open-air cultural street performances on some weekends. Tongdo-sa is one of the major three Buddhist temples in Korea. Another temple, Beomeosa, is also very important in Korean Buddhism.
Dongnae area is a traditional, rich residential area. Dongnae Onchon is a natural spa area with many baths, tourist hotels, restaurants, clubs and shopping areas. Many restaurants in the area are famous for their family recipes. Chungyulsa is a Confucian shrine for soldiers who died during the 18th century battle against the Japanese at Dongnae castle.
Busan is the so-called summer capital of Korea since it attracts tourists from all over the country to its six beaches. High class hotels and a carnival boardwalk line the Haeundae Beach district, which is generally regarded as the most beautiful beach in Korea. Gwangan Beach is famous for its cafes, bars and restaurants along the beach. The area around Pukyung National University and Kyungsung University has many cafes, bars and restaurants attracting college students and youth.
Seomyeon is recognized as the new downtown with many cafes, bars, restaurants, shops and shopping centers.
The Gwangbok-dong and Nampo-dong areas form the old downtown with many cafes, bars, shops and restaurants. Some of the restaurants in the area are famous with family recipes passed down the generations. Jagalchi Market (near the very active port) is an area of narrow street stalls and is well known for its fish market. Taejongdae is a natural park with magnificent cliffs facing the open sea on the island of Youngdo.
The area known as the "Foreigners' Shopping Street", near the main docks, has many Russian businesses that cater to the local Russian population, as well as the crews of foreign ships. The area was originally known as the Foreigners' Street because many businesses were set up there during the 1940s and 1950s to cater for American soldiers in the area. The Busan-Jinhae Free Economic Zone Authority, one of two such administrations (the other in the harbor of Incheon), was created to continue the tradition of Busan's status as an international trading center. It now attracts ships from all over the globe and aspires to become a regional financial center. Currently, Busan is ranked internationally as the third largest seaport in terms of cargo volume and efficiency by the AAPA.
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