In the year 2012, the local government expenditures of Shanghai Municipality amount to RMB 418.4 billion, 6.9% up in annual terms.  

In 2012, the government spending of Shanghai Municipality has focused on: 1. the national drive to stabilize economic growth, transform the mode of economic growth, and adjust the economic and industrial structure; 2. social development programs, especially to improve the livelihood of the people; and 3. sustainable development in both the urban and rural areas.