I. General public budget revenue

In January 2026, the general public budget revenue of Shanghai Municipality totaled 141.78 billion yuan ($20.66 billion), a year-on-year increase of 4.8 percent.

II. General public budget expenditure

In January 2026, the general public budget expenditure of Shanghai Municipality hit 78.45 billion yuan, accounting for 7.6 percent of the annual budget. Priority was given to key expenditure areas such as science and technology, transportation, and urban and rural development, with sound budget execution.

Source: Shanghai Municipal Bureau of Finance