According to data released by the Shanghai Municipal Bureau of Statistics, the city's fixed asset investment increased 4.3% year-on-year in the first three quarters. By sector, industrial investment increased by 21.9% year on year, faster than the city's fixed asset investment growth rate of 17.6 percentage points; urban infrastructure investment grew by 23.3%. Investment in high-tech industries increased by 30.6% year over year. In the first three quarters, the sales area of newly built commercial housing was 117.99 million square meters, a year-on-year decrease of 1.9%.

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