Cuauhtémoc, D.F.

Cuauhtémoc , named after the former Aztec leader, is one of the 16 boroughs of the Federal district of Mexico City. It consists of the oldest parts of the city, extending over what was the entire city in the 1920s. This area is the historic and cultural center of the city, although it is not the geographical center. While it ranks only sixth in population, it generates about a third of the entire city's GDP, mostly through commerce and services. It is home to the Mexican Stock Exchange, the important tourist attractions of the historic center and Zona Rosa, and various skyscrapers such as the Torre Mayor and the Mexican headquarters of HSBC. It also contains numerous museums, libraries, government offices, markets and other commercial centers which can bring in as many as 5 million people each day to work, shop or visit cultural sites. This area has had problems with urban decay, especially in the historic center. Efforts to revitalize the historic center and some other areas have been ongoing since the 1990s, by both government and private entities.