General public budget revenue and expenditure of Shanghai Municipality in Q1 2025

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I. General public budget revenue

In the first quarter of 2025, the general public budget revenue of Shanghai Municipality totaled 255.23 billion yuan ($34.98 billion), a year-on-year increase of 0.2 percent.

II. General public budget expenditure

In the first quarter of 2025, the general public budget expenditure of Shanghai Municipality hit 240.8 billion yuan, rising by 11.2 percent year-on-year. Priority was given to key spending with sound outcomes on science and technology, education and industrial development.

 

Source: Shanghai Municipal Bureau of Finance