At present, the business volume of tourism equals or even surpasses that of oil exports, food products, or automobiles. Tourism has become one of the major sectors in international commerce and represents one of the main income sources for various emerging economies. This growth goes hand in hand with an increasing diversification and competition among destinations. According to the World Tourism Organization (UNWTO), in 2018, the international tourist arrivals grew by 6% and reached 1.4 billion. The tourism industry is growing rapidly due to various factors, such as stronger economic growth, affordable air travel, new business models, and easier access to visas. The aforementioned factors are likely to continually drive the tourism industry.

重点关注标的 ：主机厂： 中航沈飞、中直股份；优质配套企业：航天电器、中航机电 、振华科技；改革标的： 四创电子 、中航电子；新材料： 光威复材、中航高科、钢研高纳 。

高端装备制造业绩效保持增长，1～11 月，营业收入同比增长 6.4%，利润总额同比增长 8.7%。同期，高端装备相关行业投资继续下降，铁路、船舶、航空航天和其他运输设备制造业投资同比下降 5.7%。智能制造方面，11 月，工业机器人产量同比增长4.3%，延续上月增长态势；当月，国内机器人行业融资事件共 12 个，较上月增加 2 个。

11 月，船市需求环比显著改善，同比下滑态势仍难言乐观，累计新接订单量为 2466 万载重吨，同比下降 25.4%；造船完工量环比有所回升，同比涨幅较上月继续回落；手持订单量环比小幅回升，同比降幅仍有扩大；新造船价格指数继续小幅下滑；出口需求显著回升，出口额同比降幅继续收窄；行业收入涨幅放缓，利润水平有所下滑。