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Government budget and revenue in Shanghai, China: official figures

The government of Shanghai collected 837.4 billion yuan in general public budget revenue in 2024 (8,374 hundred million yuan), 4th highest of 31 provincial-level divisions and 7.0% of the 11.93 trillion yuan collected by all regions together. This is local government revenue; it excludes central government revenue collected in the region.

General public budget revenue (2024)
837.4 billion yuan
2024

How much does the government of Shanghai spend?

General public budget expenditure in Shanghai was 987.5 billion yuan in 2024 (9,875 hundred million yuan), 9th highest of 31 provincial-level divisions and 4.0% of the 24.39 trillion yuan spent by all regions together.

Source: National Bureau of Statistics of China · saved copy

Does Shanghai raise enough revenue to cover its spending?

Local budget revenue in Shanghai covered 85% of local budget expenditure in 2024 (837.4 billion yuan against 987.5 billion yuan); for all regions together it covered 49%. That is the highest of 31 provincial-level divisions.

Source: National Bureau of Statistics of China · saved copy

How large is government revenue compared with the economy of Shanghai?

Local budget revenue equalled 15.5% of GRP in Shanghai in 2024 (837.4 billion yuan against 5.39 trillion yuan), the highest of 31 provincial-level divisions.

Source: National Bureau of Statistics of China · saved copy

How much does the government of Shanghai spend per person?

Per head of population, general public budget revenue in Shanghai was 33,767 yuan in 2024 and expenditure 39,818 yuan (calculated from the 2024 year-end population of 24,800,000); expenditure per person is 2nd highest of 31 provincial-level divisions.

Source: National Bureau of Statistics of China · saved copy

Where does the government of Shanghai get its revenue?

Taxes were 84.6% of local budget revenue in Shanghai in 2024 (708.3 billion yuan) and non-tax income such as fees, fines and state asset income was 129.2 billion yuan (all regions together: 70.1% tax).

Source: National Bureau of Statistics of China · saved copy

How much tax is collected in Shanghai?

Of local tax revenue in Shanghai in 2024, domestic value-added tax brought in 259.8 billion yuan, corporate income tax 164.3 billion yuan and individual income tax 94.6 billion yuan.

Source: National Bureau of Statistics of China · saved copy

How much does Shanghai spend on education?

Education spending by the government of Shanghai was 123.4 billion yuan in 2024, 12.5% of its budget expenditure (all regions together 16.6%), 7th lowest of 31 share among the 31 divisions.

Source: National Bureau of Statistics of China · saved copy

How much does Shanghai spend on social security?

Social security and employment spending was 123.1 billion yuan in Shanghai in 2024, 12.5% of budget expenditure (all regions together 16.8%).

Source: National Bureau of Statistics of China · saved copy

How much does Shanghai spend on health care?

Health care spending was 73.2 billion yuan in Shanghai in 2024, 7.4% of budget expenditure (all regions together 8.2%).

Source: National Bureau of Statistics of China · saved copy

How much does Shanghai pay in interest on government debt?

Interest payments on government debts took 11.4 billion yuan of the budget of Shanghai in 2024, 1.2% of expenditure (all regions together 2.2%).

Source: National Bureau of Statistics of China · saved copy

What does the government of Shanghai spend money on?

Agriculture, forestry and water conservancy took 45.8 billion yuan (4.6% of expenditure), transportation 58.8 billion yuan (6.0%) and housing security 30.4 billion yuan (3.1%) in the 2024 budget of Shanghai.

Source: National Bureau of Statistics of China · saved copy

How much does Shanghai spend on public security?

Public security spending was 49.2 billion yuan in Shanghai in 2024 (5.0% of expenditure) and science and technology spending was 63.5 billion yuan (6.4%).

Source: National Bureau of Statistics of China · saved copy

How much does Shanghai spend on medical aid?

Medical aid in Shanghai spent 737,889,000 yuan in 2024 on outpatient and inpatient treatment for people in need (national total 56.0 billion yuan).

Source: National Bureau of Statistics of China · saved copy

How much does Shanghai pay towards health insurance for poor residents?

Medical aid in Shanghai also paid 72,289,000 yuan in 2024 towards basic medical insurance contributions for low-income people, 663 yuan per subsidised person (national average 234 yuan).

Source: National Bureau of Statistics of China · saved copy

How much is the average medical aid payment in Shanghai?

Medical aid treatment spending in Shanghai averaged 186 yuan per treatment in 2024 (7th lowest of 31 provinces, municipalities and autonomous regions; national average 310 yuan).

Source: National Bureau of Statistics of China · saved copy

How much does Shanghai spend on medical aid per person?

Medical aid treatment spending in Shanghai came to 29.8 yuan per resident in 2024 (10th lowest of 31 provinces, municipalities and autonomous regions; national figure 39.8 yuan).

Source: National Bureau of Statistics of China · saved copy

What is the total medical aid budget of Shanghai?

In total medical aid spending in Shanghai in 2024 was 810,178,000 yuan, 1.1% of the national total of 74.5 billion yuan (insurance subsidies plus treatment aid).

Source: National Bureau of Statistics of China · saved copy

How Shanghai compares with other municipalities

Budget expenditure per person (2024)

Shanghai ranks 2 of 31, highest first. General public budget expenditure divided by year-end population

RankRegionBudget expenditure per person
1Xizang (Tibet)78,909 yuan
2Shanghai39,818 yuan
3Beijing38,463 yuan
4Qinghai36,493 yuan
5Xinjiang29,150 yuan
6Inner Mongolia28,964 yuan
7Tianjin26,592 yuan
Source: National Bureau of Statistics of China · saved copy

Local revenue as a share of local spending (2024)

Shanghai ranks 1 of 31, highest first. General public budget revenue divided by general public budget expenditure

RankRegionLocal revenue as a share of local spending
1Shanghai85%
2Beijing76%
3Guangdong75%
4Zhejiang69%
5Jiangsu66%
6Fujian59%
7Shandong59%
Source: National Bureau of Statistics of China · saved copy

Education share of budget expenditure (2024)

Shanghai ranks 25 of 31, highest first. Education spending as a share of general public budget expenditure

RankRegionEducation share of budget expenditure
22Hubei13.9%
23Tianjin13.8%
24Ningxia12.7%
25Shanghai12.5%
26Jilin11.5%
27Xizang (Tibet)11.4%
28Inner Mongolia11.3%
Source: National Bureau of Statistics of China · saved copy

Medical aid treatment spending per resident (yuan) (2024)

Shanghai ranks 22 of 31, highest first.

RankRegionMedical aid treatment spending per resident (yuan)
19Hebei34.5 yuan
20Shaanxi33.0 yuan
21Zhejiang32.0 yuan
22Shanghai29.8 yuan
23Henan28.3 yuan
24Liaoning27.6 yuan
25Fujian27.1 yuan
Source: National Bureau of Statistics of China · saved copy

Average medical aid paid per treatment (yuan) (2024)

Shanghai ranks 25 of 31, highest first.

RankRegionAverage medical aid paid per treatment (yuan)
22Chongqing211 yuan
23Fujian205 yuan
24Hebei203 yuan
25Shanghai186 yuan
26Xizang (Tibet)167 yuan
27Zhejiang160 yuan
28Jiangsu157 yuan
Source: National Bureau of Statistics of China · saved copy

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