the city the "Silicon Valley of Mexico." Guadalajara is the main producer of software, electronic and digital components in Mexico. Telecom and computer equipment from Guadalajara accounts for about a quarter of Mexico's electronics exports. Companies such as General Electric, IBM, SANMINA, Intel Corporation, HCL Technologies, Hitachi Ltd., Hewlett Packard Enterprise, HP Inc, Siemens, Flextronics, Oracle, Wipro, TCS, Cognizant Technology Solutions, and Jabil Circuit have facilities in the city or its suburbs. This phenomenon began after the passage of the North American Free Trade Agreement (NAFTA). International firms started building facilities in Mexico, especially Guadalajara, displacing Mexican firms, especially in information technology. One of the problems this has created is that when there are economic downturns, these international firms scale back. Guadalajara was selected as "Smart City" in 2013 by IEEE, the world's largest professional association for the advancement of technology. Several cities invest in the areas of research to design pilot projects and as an example, in early March in 2013 was the first "Cluster Smart Cities" in the world, composed of Dublin, Ireland; San Jose, California; Cardiff, Wales, and Guadalajara, Jalisco, whose objective is the exchange of information and experiences that can be applied in principle to issues of agribusiness and health sciences. The Secretariat of Communications and Transportation also reported that Guadalajara, Jalisco was chosen as the official venue for the first "Digital Creative City of Mexico and Latin America," which will be the spearhead for Mexico to consolidate the potential in this area. The "Cluster Smart Cities" unprecedented in the world, will focus on what each of these cities is making in innovation and the creation of an alliance to attract technology. The Ministry of Innovation, Science, and Technology (SICyT ) of Jalisco, said the combination of talent development investments allows Jalisco to enter the "knowledge economy." From 25 to 28 October 2015, the city was the venue for the first conference of the Smart Cities Initiative. Industries Most of the economy revolves around commerce, employing 60% of the population. This activity has mainly focused on the purchase and sale of the following products: food and beverages, textiles, electronic appliances, tobacco, cosmetics, sports articles, construction materials, and others. Guadalajara's commercial activity is second only to Mexico City. The city is the national leader in the development and investment of shopping malls. Many shopping centers have been built, such as Plaza Galerias, one of the largest shopping