Local Revenue

 

February,2012

In Feb. 2012, the local government revenues of Shanghai Municipality amount to RMB 30.04 billion, 5.8% up in annual terms. From Jan. to Feb. 2012, the local government revenues of Shanghai Municipality amount to RMB 86.69 billion, 6.9% up annually, which account for 23.4% of the goal of revenue for 2012. In Feb. 2012, the local government revenues of Shanghai enjoy a steady growth, which is a result of the boom of commerce, hospitality, transportation and other services during the festival season.