Local Expenditure

 

June, 2011

In H1 2011, the local government expenditures of the Municipality amount to RMB 168.13 billion, RMB 22.33 billion or 15.3% higher than the previous year, in which the Municipal-level expenditures amount to RMB 60.52 billion, RMB 10.62 billion or 21.3% up from the previous year.

In H1 2011, pursuant to the requirements of the Municipal Government and CPC Municipal Committee to focus on six programs, the Municipal and district-level financial bureaus guarantee expenditures on each of the six key programs, with focuses on supporting and promoting innovation in science and education, industrial restructuring, improvement of the people's livelihood and social development, coordinated urban and rural development, and security in urban operation and adminitration. In fine, the structure of local government expenditures is optimized.