General Public Budget Revenues and Expenditures of Shanghai Municipality, January to August 2022
I. General public budget revenues
From Jan. to Aug. 2022, the general public budget revenues of Shanghai Municipality totaled RMB 521.78 billion, down 6.4% year on year after deducting VAT credit refunds, or down 14.2% before deduction.
II. General public budget expenditures
From Jan. to Aug. 2022, the general public budget expenditures of Shanghai Municipality totaled RMB 510.61 billion, up 5.6% on the annual basis. Expenditures have met budgetary goals better in prioritized areas such as public health, energy conservation and environmental protection, and financial services.