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==Economy== Santiago's economy, although still heavily dependent on public administration (i.e. being the headquarters of the autonomous government of Galicia), cultural tourism, industry, and higher education through its [[University of Santiago de Compostela|university]], is becoming increasingly diversified. New industries such as timber transformation (FINSA), the automotive industry ([[UROVESA]]), and telecommunications and electronics (Blusens and Televés) have been established. Banco Gallego, a banking institution owned by [[Novacaixagalicia]], has its headquarters in downtown ''rúa do Hórreo''. Tourism is very important thanks to the [[Way of St. James]], particularly in Holy Compostelan Years (when the [[Feast of Saint James]] falls on a Sunday). Following the Xunta's considerable investment and hugely successful advertising campaign for the Holy Year of 1993, the number of pilgrims completing the route has been steadily rising. More than 272,000 pilgrims made the trip during the course of the Holy Year of 2010. Following 2010, the next Holy Year will not be for another 11 years when St James feast day again falls on a Sunday. Outside of Holy Years, the city still receives a remarkable number of pilgrims. In 2013, 215,880 people completed the pilgrimage. In 2014, there were 237,983 persons. In 2015, there were 262,513 persons and in 2016, there were 277,854 persons.<ref>{{cite web|url=https://www.caminoadventures.com/camino-de-santiago-statistics/|title=Camino de Santiago Statistics End 2016 Pilgrim Numbers Walking Camino|date=8 August 2017|website=caminoadventures.com|access-date=21 November 2017}}</ref> Editorial Compostela owns daily newspaper ''El Correo Gallego'', a local TV, and a radio station. Galician-language online news portal ''Galicia Hoxe'' is also based in the city. [[Televisión de Galicia]], the [[public broadcaster]] corporation of Galicia, has its headquarters in Santiago.
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