Local Expenditure

 

July,2013

In July 2013, the local government expenditures of Shanghai Municipality amount to RMB 20.66 billion, RMB 1.1 billion more than the previous year, which represents an annual rise of 5.6%. During this month, more spending has been made to improve the people’s wellbeing.
 
From Jan. to Jul. 2013, the total local government expenditures of Shanghai Municipality hit RMB 222.28 billion, 3.8% up annually.