Guangdong's value added of the industrial enterprises above designated size increased by 4.3% year-on-year from January to November this year, according to the Guangdong Provincial Department of Industry and Information Technology.

The key industries, such as automobile manufacturing, performed well. In November, the value added of the industrial enterprises above designated size in Guangdong increased by 2.1% year-on-year.

With the reinforcement of policies such as trade-in and equipment upgrading, the automobile manufacturing industry grew by 5.4%, accelerating by 3.1 percentage points compared with October.

The computer, communication, and other electronic equipment manufacturing industry, as well as the general equipment manufacturing industry, increased by 7.5% and 6.7%, respectively. The electrical machinery and equipment manufacturing industry grew by 2.5%, with household electrical appliances increasing by 6.6%.

In terms of products, the production of household refrigerators, air conditioners, new energy vehicles, industrial robots, and civil unmanned aerial vehicles in November increased by 20.3%, 46.4%, 85.4%, 29.0%, and 135.9% year-on-year, respectively.

Industrial investment accounted for a higher proportion of fixed asset investment. From January to November this year, Guangdong's industrial investment increased by 6.9% year-on-year, and its proportion in fixed asset investment rose to 37.1%, further increasing by 0.3 percentage points compared with the previous month.

Investment in new drivers of growth continued to grow rapidly, with advanced manufacturing and high-tech manufacturing investment increasing by 10.8% and 10.4% respectively. Among them, equipment manufacturing investment grew by 13.6%, and electronic and communication equipment manufacturing investment increased by 16.3%.

The province's investment in industrial equipment upgrading increased by 19.8% year-on-year, accelerating by 0.2 percentage points compared with the previous month.

Industrial technological renovation investment grew by 10.2% year-on-year, maintaining double-digit growth for 23 consecutive months.