Local Expenditure

 

January to March, 2014

In the first quarter of 2014, the local government expenditures of Shanghai Municipality amount to RMB 94.65 billion, RMB 14.01 billion more than the previous year, up 17.4% from the previous year.
During the first quarter, efforts have been made to improve the structure of local government expenditures. On the basis of overall consideration, the government spending has focused on: 1. economic restructuring and upgrading; 2. ecological development; 3. coordinated development of the urban and rural integration and 4. social development programs, especially those involving people’s livelihood.