According to data released by the National Bureau of Statistics on December 27th, from January to November, industrial enterprises above designated size in China achieved a total profit of 6626.86 billion yuan. The relevant person in charge of the National Bureau of Statistics stated that overall, the profits of industrial enterprises above designated size continue to grow, and the supporting role of new industrial driving forces is further evident. The cumulative growth rate has maintained growth for four consecutive months. Yu Weining, Chief Statistician of the Industrial Department of the National Bureau of Statistics, introduced that from January to November, the profits of industrial enterprises above designated size continued the growth trend since August, and the transformation and upgrading of the industrial economy were promoted in an orderly manner. Looking at the profit growth rate, from January to November, the profits of industrial enterprises above designated size increased by 0.1% year-on-year, and the cumulative growth rate has maintained growth for four consecutive months since August this year. From the three major categories, from January to November, the manufacturing industry achieved a total profit of 5031.79 billion yuan, an increase of 5.0%; The total profit of the electricity, heat, gas, and water production and supply industries reached 805.44 billion yuan, an increase of 8.4%; The mining industry achieved a total profit of 789.63 billion yuan, a year-on-year decrease of 27.2%, which narrowed by 0.6 percentage points compared to the period from January to October. From an industry perspective, since the beginning of this year, the profitability of the steel industry has improved significantly, coupled with low base factors, resulting in a significant year-on-year increase in industry profits; Driven by increasing market demand and rapid revenue growth, the non-ferrous industry has maintained double-digit profit growth. ”Yu Weining said that from January to November, the profit growth of raw material manufacturing industry above designated size was relatively fast, with a year-on-year growth rate of 16.6%, driving the profit growth of all industrial enterprises above designated size by 2.0 percentage points. Looking at revenue, from January to November, industrial enterprises above designated size achieved a revenue of 12.534 trillion yuan, a year-on-year increase of 1.6%. At the end of November, the total assets of industrial enterprises above designated size amounted to 189.28 trillion yuan, a year-on-year increase of 4.8%; The total owner's equity was 79.32 trillion yuan, an increase of 4.5%; The operating income realized by industrial enterprises above a certain scale per 100 yuan of assets is 74.4 yuan. The new energy industry is growing rapidly, while the overall profits of industrial enterprises are maintaining growth. At the same time, the new energy industry represented by equipment manufacturing and high-tech manufacturing is maintaining rapid growth. The profit driving effect of equipment manufacturing industry is obvious. From January to November, the profit of equipment manufacturing industry above designated size increased by 7.7% year-on-year, driving the profit growth of all industrial enterprises above designated size by 2.8 percentage points, making it the sector with the strongest driving effect on the profit growth of industrial enterprises above designated size. From an industry perspective, seven out of the eight major categories in the equipment manufacturing industry achieved year-on-year profit growth. Among them, the railway, shipbuilding, aerospace, and electronics industries saw double-digit profit growth, with growth rates of 27.8% and 15.0%, respectively; The profit of the automotive industry increased by 7.5%, accelerating by 3.1 percentage points from January to October; The profits of the general equipment, specialized equipment, and electrical machinery industries continue to grow, with growth rates of 4.8%, 4.6%, and 4.2%, respectively. The profit growth rate of high-tech manufacturing industry is accelerating. From January to November, the profits of high-tech manufacturing industries above designated size increased by 10.0% year-on-year, accelerating by 2.0 percentage points compared to January to October, and the growth rate was 9.9 percentage points higher than the average level of all industries above designated size. According to Yu Weining's analysis, the deepening implementation of the "Artificial Intelligence+" initiative has driven the profit of related equipment manufacturing industries to improve. The profit of the electronic industry specialized equipment manufacturing industry increased by 57.4% year-on-year, among which the profit of the semiconductor device specialized equipment manufacturing industry and the electronic component and electromechanical component equipment manufacturing industry increased by 97.2% and 46.0% respectively; The rapid development of the aerospace industry has driven rapid profit growth, with profits in the aviation, spacecraft, and equipment manufacturing industries increasing by 13.3% year-on-year. Among them, the profits in the aerospace related equipment manufacturing and aviation related equipment manufacturing industries increased by 192.9% and 36.3% respectively; Intelligent products help with the digital transformation, and the profit of the intelligent consumer device manufacturing industry increased by 54.0% year-on-year. Among them, the profits of the intelligent vehicle equipment manufacturing, intelligent unmanned aerial vehicle manufacturing, and other intelligent consumer device manufacturing industries increased by 105.7%, 76.6%, and 58.1% respectively. Behind promoting the sustained and healthy development of the industrial economy and profit growth is the steady and progressive development of the industrial economy. The recently held National Conference on Industry and Information Technology pointed out that by 2025, the industrial economy will move forward under pressure, develop towards new and better directions, achieve effective improvement in quality and reasonable growth in quantity, and demonstrate strong resilience and vitality. According to the data released at the conference, it is expected that the total telecommunications business volume and software business revenue will increase by about 9% and 12% respectively year-on-year for the whole year, and the digital industry business revenue will increase by about 9% year-on-year. From January to November, the added value of high-tech manufacturing and equipment manufacturing industries above designated size increased by 9.2% and 9.3% respectively year-on-year. The core industry of artificial intelligence exceeded one trillion yuan, and the export of new energy vehicles exceeded 2 million units. More than 7000 advanced level and 500 excellent level intelligent factories have been built, with over 20000 national industrial 5G private network projects and more than 8000 5G factories. A total of 6430 national green factories and 491 green industrial parks have been cultivated, and the comprehensive utilization rate of bulk industrial solid waste has reached 57%. Since the beginning of this year, industrial production has made significant contributions to promoting stable economic development. ”Fu Linghui, spokesperson for the National Bureau of Statistics, said that more proactive and effective macro policies have been deeply implemented, and the "dual" construction and "two new" policies have continued to be vigorously promoted. The integration of scientific and technological innovation and industrial innovation has accelerated, effectively driving the growth of industrial output, orderly promoting transformation and upgrading, and providing good support for high-quality economic development. Yu Weining stated that there are many unstable and uncertain factors in the international environment, and the transformation of old and new industrial driving forces still faces structural adjustment pressure. The foundation for the recovery of industrial enterprise benefits still needs to be further consolidated. To promote the transformation and upgrading of traditional industries, vigorously cultivate new quality productive forces, accelerate the construction of a modern industrial system, and promote the sustained and healthy development of the industrial economy. (New Society)