1—11月，全国规上工业企业实现利润总额66268.6亿元——工业企业利润延续增长态势

Core Viewpoint - The profits of industrial enterprises above designated size in China continued to grow, reaching a total of 66,268.6 billion yuan from January to November, indicating a sustained upward trend supported by new industrial momentum [1] Group 1: Profit Growth - From January to November, the profits of industrial enterprises above designated size increased by 0.1% year-on-year, marking four consecutive months of growth since August [2] - The manufacturing sector achieved a profit total of 50,317.9 billion yuan, growing by 5.0%, while the electricity, heat, gas, and water production and supply sector saw profits of 8,054.4 billion yuan, up by 8.4% [2] - The mining sector reported a profit total of 7,896.3 billion yuan, experiencing a year-on-year decline of 27.2%, although the decline was narrowed by 0.6 percentage points compared to the previous month [2] Group 2: Sector Performance - The steel industry showed significant improvement in profitability, with a substantial year-on-year increase due to low base factors, while the non-ferrous metals sector maintained double-digit profit growth driven by increased market demand [2] - The profits of raw material manufacturing industries grew rapidly, with a year-on-year growth rate of 16.6%, contributing 2.0 percentage points to the overall profit growth of industrial enterprises [2] Group 3: Revenue and Assets - From January to November, the total operating revenue of industrial enterprises above designated size reached 125.34 trillion yuan, reflecting a year-on-year growth of 1.6% [3] - By the end of November, the total assets of these enterprises amounted to 189.28 trillion yuan, up by 4.8%, while total equity reached 79.32 trillion yuan, growing by 4.5% [3] - The operating revenue per 100 yuan of assets for these enterprises was 74.4 yuan [3] Group 4: New Momentum Industries - New momentum industries, represented by equipment manufacturing and high-tech manufacturing, exhibited rapid growth, with equipment manufacturing profits increasing by 7.7%, contributing 2.8 percentage points to overall profit growth [4] - In the equipment manufacturing sector, seven out of eight major categories reported year-on-year profit growth, with the railway, shipbuilding, aerospace, and electronics industries achieving double-digit growth rates of 27.8% and 15.0% respectively [4] - High-tech manufacturing profits grew by 10.0% year-on-year, surpassing the average growth rate of all industrial enterprises by 9.9 percentage points [4] Group 5: Impact of Technological Advancements - The implementation of the "Artificial Intelligence +" initiative positively influenced the profits of related equipment manufacturing sectors, with profits in the electronic industrial specialized equipment manufacturing sector soaring by 57.4% [5] - The aerospace industry also experienced rapid profit growth, with profits in aerospace and related equipment manufacturing increasing by 13.3%, including a remarkable 192.9% growth in space-related equipment manufacturing [5] - The smart consumer device manufacturing sector saw profits rise by 54.0%, with specific categories like smart vehicle-mounted devices and intelligent drones achieving growth rates of 105.7% and 76.6% respectively [5] Group 6: Industrial Economic Development - The growth in profits reflects a steady advancement in the industrial economy, with a national conference highlighting goals for 2025 aimed at achieving qualitative improvements and reasonable quantitative growth [6] - The added value of high-tech manufacturing and equipment manufacturing industries increased by 9.2% and 9.3% year-on-year respectively [6] - The establishment of over 7,000 advanced and 500 excellent smart factories, along with significant advancements in green manufacturing, underscores the ongoing transformation and upgrading of traditional industries [7]