Local Expenditure



From Jan. to Sept. 2013, the local government expenditures of Shanghai Municipality amount to RMB 280.35billion, RMB 10.22 more than the previous year, or 3.8% up in annual terms.
From Jan. to Sept. 2013,the local government expenditures have been made according to the principle that for government spending budgets, everything should be taken into account and spending should be clearly targeted. From Jan. to Sept. 2013,the government spending of Shanghai Municipality has focused on: 1. Promoting steady economic growth, economic transformation and innovations; 2. Improving the wellbeing of the people and innovations on social administration; and 3. Achieving sustainable development in both the urban and rural areas.