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The Heritage of Cebu Monument, a tableau showcasing the important events in Cebu City’s history, is one of the highlights of the town.

The scenes depicted on the monument are related to the time of Spain's colonial rule over the country up to the recent beatification of Pedro Calungsod, the Cebuano martyr.

Where the Heritage of Cebu Monument stands is also a historic place in the city. Parian District was home to elite and respected Cebuano families during the Spanish period. The word "parian" originated from the word "pari-pari" which means to barter or trade.

The place is also said to be the center of trade between the locals, Chinese, and Spanish mestizos. Other than that, it was also used for extravagant events for the wealthy Chinese merchants.

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