The provincial economy maintained overall stability during the January-February period. Industrial production above designated size continued to expand, with shipbuilding and petrochemical sectors demonstrating strong growth. Value-added output from industrial enterprises above designated size increased by 1.7% year-on-year, while high-tech manufacturing output rose by 6.5%.

By sector, mining output declined by 5.5%, manufacturing output grew by 3.8%, and production in electricity, heat, gas, and water supply dropped by 1.3%. State-owned enterprises saw a 1.2% increase in value-added output, while private enterprises grew by 1.2%. Collective enterprises surged by 32.3%, share-holding enterprises rose by 3.0%, and foreign-invested enterprises decreased by 2.8%.

Among 40 major industrial categories, 23 sectors recorded year-on-year growth, representing 57.5% of all industries. Railway, shipbuilding, aerospace and other transport equipment manufacturing jumped by 53.3%, rubber and plastic products grew by 23.3%, and petroleum, coal and fuel processing increased by 13.3%. Conversely, automobile manufacturing declined by 9.9%.

Key product outputs showed significant variations: civil steel ships production surged 160%, transformers increased by 35.5%, and optical cables rose by 28.9%. However, steel products output fell by 8.0% and automobile production dropped by 17.3%.

Fixed-asset investment declined by 20.1%, with construction project investment down 17.7%. Infrastructure investment decreased by 24.6%, manufacturing investment fell by 10.8%, and real estate development investment plunged by 36.6%. High-tech manufacturing investment bucked the trend with 13.0% growth, led by aerospace equipment manufacturing (up 180%) and computer equipment manufacturing (up 140%).

Retail sales reached 168.29 billion yuan, edging up 0.2%. Essential consumer goods showed solid growth, with grain and oil products rising 7.5% and beverages increasing 14.3%. Premium consumer categories experienced rapid expansion, including wearable smart devices (up 470%) and energy-efficient appliances (up 85.9%).

Total foreign trade reached 122.63 billion yuan, growing 4.5%. Exports climbed 10.3% to 68.75 billion yuan, while imports declined 2.1% to 53.88 billion yuan. Mechanical and electrical product exports surged 26.5%, with ship exports nearly doubling.

The consumer price index rose 1.1%, while the industrial producer price index declined 4.8%. Industrial purchase prices decreased by 4.3%.