According to data released by the Zhejiang Provincial Bureau of Statistics, the value-added of industrial enterprises above the designated size increased by 9.8% year-on-year in the January–February period. This growth rate was 2.9 percentage points higher than that recorded for the full year of the previous year. Fixed-asset investment rose by 1.0% year-on-year, while excluding real estate development investment, it grew by 8.2%. Total retail sales of consumer goods reached 633.5 billion yuan, up 4.9% year-on-year, accelerating by 0.9 percentage points compared to the full-year growth rate of last year. Total goods imports and exports amounted to 989.0 billion yuan, an increase of 17.1% year-on-year. Exports totaled 768.5 billion yuan, rising 21.4% year-on-year, with the growth rate exceeding the national average. The Consumer Price Index (CPI) increased by 0.7% year-on-year. The Producer Price Index (PPI) and industrial producer purchase prices fell by 1.5% and 1.4% year-on-year, respectively. Overall, the provincial economy got off to a good start in the first two months of the year. However, the impact of changes in the international environment is deepening, and numerous longstanding issues and emerging challenges remain amid the ongoing transformation of development.