São Paulo is a municipality in the southeast region of Brazil. The metropolis is an alpha global city and is the most populous city in Brazil and the Americas, as well as in the Southern Hemisphere. The municipality is also the largest in the Americas and Earth’s 12th largest city proper by population. The city is the capital of the surrounding state of São Paulo, one of 26 constituent states of the republic.
The region of modern-day São Paulo, then known as Piratininga plains around the Tietê River, was inhabited by the Tupi people, such as the Tupiniquim, Guaianas, and Guarani. The Portuguese village of São Paulo dos Campos de Piratininga was marked by the founding of the Colégio de São Paulo de Piratininga on January 25, 1554. The Jesuit college of twelve priests included Manuel da Nóbrega and Spanish priest José de Anchieta. In the 17th century, São Paulo was one of the poorest regions of the Portuguese colony. It was also the center of interior colonial development. Because they were extremely poor, the Paulistas could not afford to buy African slaves, as did other Portuguese colonists. The discovery of gold in the region of Minas Gerais, in the 1690s, brought attention and new settlers to São Paulo. After Brazil became independent from Portugal in 1822, as declared by Dom Pedro I where the Monument of Ipiranga is located, he named São Paulo as an Imperial City.
São Paulo is considered the “financial capital of Brazil”, as it is the location for the headquarters of major corporations and of banks and financial institutions. São Paulo is Brazil’s highest GDP city and the 10th largest in the world, using Purchasing power parity. According to data of IBGE, its gross domestic product in 2010 was R$450 billion, approximately US$220 billion, 12.26% of Brazilian GDP and 36% of all production of goods and services of the State of São Paulo. Average annual economic growth of the city is 4.2%. São Paulo also has a large informal economy. In 2005, the city of São Paulo collected R$90 billion in taxes and the city budget was R$15 billion. The city has 1,500 bank branches and 70 shopping malls.
Places to visit
Ibirapuera Park is a major urban park in São Paulo, Brazil. It has a large area for leisure, jogging and walking, as well a vivid cultural scene with museums and a music hall. Its importance to São Paulo is often comparable to that of Central Park to New York City, or Ueno Park to Tokyo.
The São Paulo Museum of Art is an art museum located on Paulista Avenue in the city of São Paulo, Brazil. A 1968 concrete and glass structure designed by Lina Bo Bardi, whose main body is supported by two lateral beams over a (74 metres/243 ft) freestanding space, considered a landmark of the city and a main symbol of modern Brazilian architecture.
Things to do
Paulista Avenue is one of the most important avenues in São Paulo, Brazil. It stretches (2.8 kilometres/1.7 mi) and runs northwest to southeast.
Pátio do Colégio is the name given to the historical Jesuit church and school in the city of São Paulo, Brazil. The name is also used to refer to the square in front of the church. The Pátio do Colégio marks the site where the city was founded in 1554.