Local Revenue


January to March, 2014

In the first quarter of 2014, the local government revenues of Shanghai Municipality amount to 142.44 billion, RMB 22.68 billion more than the previous year, which represents an annual rise of 18.9%.
In the first quarter of 2014, the monthly growth of local government revenues remains steady, which marks a good beginning for the year. The growth of revenues from the second and tertiary sectors is strong. In terms of specific subsectors, automotive manufacturing, petrochemicals, commerce and finance have better fulfilled their goals of contribution to the local government revenues.