I. General public budget revenue

From January to November 2025, the general public budget revenue of Shanghai Municipality totaled 805.24 billion yuan ($115.43 billion), a year-on-year increase of 1.9 percent.

II. General public budget expenditure

From January to November 2025, the general public budget expenditure of Shanghai Municipality hit 879.48 billion yuan, rising by 3.7 percent year-on-year. Priority was given to key spending with sound outcomes on science and technology, industrial development, and business services.

Source: Shanghai Municipal Bureau of Finance