Local Revenue

 

August,2014

In August 2014, the local government revenues of Shanghai Municipality amount to RMB 26.69 billion, RMB 1.32 billion more than the previous year, 5.8% up annually. During this month, revenues from the secondary and tertiary sectors have enjoyed steady growth. In terms of specific subsectors, automotives, leasing and business services and insurance have better fulfilled their goals of contribution to local government revenues.
From Jan. to Aug. 2014, the total local government revenues of Shanghai Municipality amount to RMB 347.59 billion, up 13.9% in annual terms.