Business Strategy: This week, the improvement in economic outlook is primarily focused on the midstream manufacturing and information technology sectors.

The business strategy points out that this week, the direction of economic improvement mainly lies in the midstream manufacturing and information technology sectors. In the upstream resource sector, industrial metal prices mostly rose, and cement prices went up; in the midstream manufacturing sector, prices in the new energy industry chain mostly rose, with sales of major enterprises in the engineering machinery sector improving month-on-month in November. In the information technology sector, memory prices continued to rise, with a widening year-on-year increase in smartphone shipments in October. In the consumer services sector, profits from pig farming increased. The year-on-year growth rate of total retail sales of consumer goods continued to narrow in November, mainly due to a high base and slowing demand. It is recommended to invest in sectors with higher or improving economic conditions, such as non-ferrous metals, building materials, lithium batteries, automation equipment, engineering machinery, memory, consumer electronics, non-banking, as well as tourism, sports, beauty, and health care sectors that may benefit from policy support.