In July, the local government revenues of Shanghai Municipality amount to RMB 47.71 billion, RMB 2.48 billion more than previous year, which represents an annual rise of 5.5%. During this month, the growth of revenues from the secondary sector has remained steady, and the growth of revenues from the tertiary sector has slowed down slightly. In terms of specific subsectors, automotives, tobacco, finance, leasing and business services have better fulfilled their goals of contribution to local government revenues. 　
From Jan. to July 2014, the local government revenues of Shanghai amount to RMB 320.9 billion, 14.7% up in annual terms.