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Analysis of Jinan public finance budget
Jinan released the analysis of the performing of the public finance budget for the first five months, July 9th.The result reveals that the expenditure of the city's public finance budget in the first five months totals 21039.81 million yuan, 14369.39 million yuan higher than that of last year, 46.42% up.
From January to May, the city's revenue of public finance budget is 23085.28 million yuan, up 12.43% year on year. The city's tax revenue rises 11.5% year on year. The growth is steady, while still a bit lower than the expected growth at the beginning of the year.