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Lima was founded by Spanish conquistador Francisco Pizarro on January 18, 1535, as La Ciudad de los Reyes, or "The City of Kings." It became the most important city in the Spanish Viceroyalty of Peru and, after the Peruvian War of Independence, was made the capital of the Republic of Peru. Today around one-third of the Peruvian population lives in the metropolitan area.
In 2004, Lima's GDP represented 45% of the country's GDP (5% more than the previous year). The GDP per capita in Lima is $7,600. Most of the foreign companies operating in the country have settled in Lima, which has led to the previously mentioned concentration of economic and financial activity on the city.
There has been a noticeable increase in light industries, services and high technologies. In 2007, the Peruvian economy grew 9%, the largest growth rate in all of South America which was spearheaded by economic policies originating in Lima.The Lima Stock Exchange grew 185.24% in 2006 and in 2007 grew 168.3%, making it one of the fastest growing stock exchanges in the world. In 2006, the Lima Stock Exchange was the most profitable in the world.The unemployment rate in the metropolitan area is 7.2%.
The Asia-Pacific Economic Cooperation Summit and the Latin America, the Caribbean and the European Union Summit were hosted by the city of Lima.
Lima is known among Peruvians as Gastronomical Capital of the Americas. A center of immigration and the center of the Spanish Viceroyalty, Lima has incorporated unique dishes brought from the arrival of the Spanish Conquistadors and the receiving of many waves of immigrants: African, European, Chinese, and Japanese. Besides international immigration a large portion of which happened in Lima—there has been, since the second half of the 20th century, a strong internal flow from rural areas to cities, in particular to Lima. This has strongly influenced Lima's cuisine with the incorporation of the immigrant's ingredients and techniques (for example, the Chinese extensive use of rice or the Japanese approach to preparing raw fish. The genres of restaurants in Lima include Creole food, Chifas, Cebicherias, and Pollerias. Peruvian cuisine, widely represented in Lima, holds various Guinness World Records, for its diversity and quality
BACKGROUND: Lima-Perú.