工业生产稳定增长，装备制造业和高技术制造业增长较快

Core Insights - In November, the industrial added value of large-scale enterprises in China increased by 4.8% year-on-year and 0.44% month-on-month [1] - The mining industry saw a year-on-year increase of 6.3%, manufacturing grew by 4.6%, and the production and supply of electricity, heat, gas, and water increased by 4.3% [1] - The equipment manufacturing sector's added value rose by 7.7%, while high-tech manufacturing grew by 8.4%, outpacing the overall industrial growth by 2.9 and 3.6 percentage points respectively [1] Economic Type Analysis - State-controlled enterprises experienced a year-on-year growth of 4.2%, while joint-stock enterprises grew by 5.2%, foreign and Hong Kong, Macao, and Taiwan-invested enterprises increased by 3.4%, and private enterprises saw a growth of 3.2% [1] Product Performance - The production of 3D printing equipment, industrial robots, and new energy vehicles increased by 100.5%, 20.6%, and 17.0% year-on-year respectively [1] Overall Industrial Performance - From January to November, the industrial added value of large-scale enterprises increased by 6.0% year-on-year [1] - In November, the manufacturing purchasing managers' index was 49.2%, up by 0.2 percentage points from the previous month, while the business activity expectation index rose to 53.1%, an increase of 0.3 percentage points [1] Profitability - From January to October, the total profit of large-scale industrial enterprises reached 59,503 billion yuan, reflecting a year-on-year growth of 1.9% [1]