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Please note that this document is a translation by Graduate Institute of Interpreting and Translation, Shanghai International Studies University. This document has been prepared and provided for the readers’ convenience, and where there is any discrepancy between the Chinese version and the English translation the original Chinese version will prevail. Notice of the Municipal Government of Shanghai on Issuing the “13th Five-year Plan of Shanghai for Fiscal Reform and Development” SMPG [2016] No. 56 District and county governments, municipal government commissions, offices and bureaus, 　 The 13th Five-year Plan of Shanghai for Fiscal Reform and Development is hereby issued and will be implemented with the best efforts. 　　Shanghai Municipal Peoples Government 　　July 28, 2016 13th Five-year Plan of Shanghai for Fiscal Reform and Development ? The 13th Five-year Plan period is a critical period both for China to build a moderately prosperous society in all aspects and for the city of Shanghai to basically fulfill the goal of building Four Centers and a socialist modern international metropolis, and lay down the framework for a scientific and technological innovation center with global influence. The 13th Five-year Plan of Shanghai for Fiscal Reform and Development has been formulated to deepen the reforms of the fiscal and tax systems, accelerate the establishment of a modern financial system, effectively expand the role of fiscal functions, actively adapt to the new normal state of economic development and better support Shanghai to achieve innovation-driven, coordinated, green, open and shared development during this period, considering both the thirteenth five-year plan for economic and social development of the State and the Municipal government and the actual local circumstances for development. 　 I. Circumstances for Shanghai’s fiscal reform and development during the 13th Five-year Plan period Development foundation 　 Over the past five years, Sh