央企最新数据：9.5万亿元！

Group 1 - The core viewpoint of the article highlights that central enterprises in China have achieved stable growth, with a value-added output of 9.5 trillion yuan in the first 11 months, reflecting a year-on-year increase of 1.4% [1] - The annualized labor productivity of central enterprises reached 811,000 yuan per person, an increase of 3% year-on-year, while fixed asset investment (excluding real estate) grew by 0.7% to 3.3 trillion yuan [1] - Research and development (R&D) investment by central enterprises amounted to 890.16 billion yuan in the same period, with an R&D intensity of 2.62% [1] Group 2 - The article notes that by 2025, state-owned enterprises (SOEs) will focus on completing the deepening reform actions, with significant progress in key areas and the establishment of strategic reorganizations [2] - The implementation of a modern enterprise system is accelerating, with management levels controlled within four tiers and a world-class enterprise cultivation system being developed [2] - The article emphasizes that during the "14th Five-Year Plan" period, SOEs have made substantial efforts to enhance core functions and competitiveness, addressing challenges to high-quality development [2]