The 14-times Grand Slam champion will surpass Roger Federer as world number two when the next edition of the ATP rankings are released on Monday.
Novak Djokovic continued his scintillating run of form as he breezed past Croatian Borna Coric 6-3, 6-4 to win the Shanghai Masters title for the fourth time on Sunday.
With a clever mix of groundstrokes, the 31-year-old Serb broke Coric's serve in the sixth game and made a series of forays to the net as he consolidated his lead.
The Serb grabbed the opening set with a hold to love, having dropped just four points on his serve overall.
Coric, who collected one of the biggest wins of his career by defeating Roger Federer in the semi-finals, looked far from his best in his first ATP Masters final as he dropped his serve in the opening game of the second set.
The 21-year-old saved three match points to hold serve in the ninth game before Djokovic served out to clinch his fourth title of the season.
Djokovic, who has returned to his brutal best this season with Grand Slam wins at Wimbledon and the US Open, will surpass Federer as world number two when the next edition of the ATP rankings are released on Monday.
The 14-times Grand Slam champion extended his winning streak to 18 matches as he continues to chase Rafa Nadal's world number one crown, with the Spaniard skipping the Asian swing to recover from a knee injury.
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