In May 2013, the local government expenditures of Shanghai Municipality amount to RMB 39.46 billion, RMB 2.14 more than May 2012, or 5.7% up in annual terms. More spending has been made on improving the people’s livelihood and facilitating industrial restructuring.  

From Jan. to May 2013, the local government expenditures of Shanghai Municipality total at RMB 153.12 billion, 4.1% up annually.