In January, the local government revenues of Shanghai Municipality amount to RMB 37.28 billion, RMB 8.46 billion or 29.4% higher than the previous year, in which Municipal-level revenues amount to RMB 18.59 billion, RMB 4.16 billion or 28.8% up from the previous year. In February, the local government revenues amount to RMB 20.42 billion, 4.98 billion or 32.2% higher than the previous year, in which the municipal-level revenue amount to RMB 9.69 billion, RMB 2.66 billion or 37.9% up from the previous year.