I. General public budget revenues

The general public budget revenues of Shanghai Municipality for the entire year of 2022 amounted to RMB 760.82 billion, up3.9% year on year after deducting VAT credit refunds, or down 2.1% before deduction.

II. General public budget expenditures

The general public budget expenditures of Shanghai Municipality for the entire year of 2022 amounted to RMB 939.32 billion, up 11.4% year on year. Expenditures have met budgetary goals better in prioritized areas such as public health,energy conservation and environmental protection, commercial services, and education.