General Public Budget Revenues and Expenditures of Shanghai Municipality, January to July 2022
I. General public budget revenues
From Jan. to July 2022, the general public budget revenues of Shanghai Municipality amounted to RMB 474.32 billion, down 8.9% year on year after deducting VAT credit refunds, or down 16.2% before deduction.
II. General public budget expenditures
From Jan. to July 2022, the general public budget expenditures of Shanghai amounted to RMB 444.89 billion, up 4.8% on the annual basis. Expenditures have met budgetary goals better in prioritized areas such as public health, energy conservation and environmental protection, and transportation.