Madrid hosts exhibitions, shows, film screenings, conferences and workshops; its radio programming and magazine "Minerva" play an important part in the country's cultural life. Matadero Madrid, literally "Madrid Abattoir", is a complex situated by the river Manzanares whose buildings are an architectural ensemble devoted to performance arts, managed and programmed by the Teatro Español (Madrid). Matadero is a flexible area that allows the autonomous operation of three interconnected spaces: a theatre café, which accommodates small-scale shows; a large stage, for all sorts of genres and more experimental options; and a third building for dressing rooms and areas for training, debate, analysis
Madrid sector employs 18.1% of all employees. Madrid attracts about 8M tourists annually from other parts of Spain and from all over the world, exceeding even Barcelona. Spending by tourists in Madrid was estimated (2011) at €9,546.5M, or 7.7% of the city's GDP. The construction of transport infrastructure has been vital to maintain the economic position of Madrid. Travel to work and other local journeys use a high-capacity metropolitan road network and a well-used public transport system. In terms of longer-distance transport, Madrid is the central node of the system of "autovías" and of the high-speed rail network (AVE), which has