Zhejiang's economy has shown strong resilience and fresh dynamism in the face of a complex and ever-changing external environment. According to the latest data from the Provincial Bureau of Statistics, the province's economy saw continuous improvements in its "innovation quotient," "intelligence quotient," and "green quotient" during the January-July period, which are becoming deep-seated drivers for navigating economic cycles and achieving steady, long-term growth.

The innovation quotient has been rising, with new industries providing stronger support. In July, the value-added output of industries above a designated size grew 7.4% year-on-year, and the cumulative growth for the first seven months stood at 7.9%, continuing to play a stabilizing role in Zhejiang's economy. Among these, the supporting role of new industries has continued to strengthen. In July, the value-added output of high-tech manufacturing and core digital economy manufacturing both increased by 20.3%, while equipment manufacturing grew by 14.0%, collectively contributing significantly to the growth of large-scale industries. The output value rate of new products has continued to climb, with innovative achievements being rapidly transformed into tangible productive forces. Specifically, industries such as computer communications and electronics, automobiles, general equipment, and electricity all recorded value-added growth rates above 10%, with the computer communications and electronics sector leading at a robust 27.8%. On the investment front, new growth drivers are steadily accumulating. From January to July, investment in core digital economy industries rose by 11.3%, and high-tech industry investment grew by 6.9%, paving the way for the expansion of these new drivers. The vigorous development of new industries and investments is continuously optimizing Zhejiang's economic structure.

The intelligence quotient has also been rising, with artificial intelligence acting as an accelerator for the transition between old and new growth drivers. AI has become deeply integrated into all sectors of Zhejiang's economy. In the first half of the year, revenue from core AI industries in the province grew by 25.6%, driving significant increases in the production of products like semiconductor storage disks and analog chips, as the "AI+" effect rapidly unfolds in the industrial sector. Concurrently, the province is accelerating the construction of a full industry chain covering chips, models, and application services.

The green quotient has been improving as well, with the rapid cultivation of green growth drivers. Guided by the "dual carbon" strategy, Zhejiang's industrial and energy structures are continuously being optimized. To date, the province has established a total of 472 national-level green factories, with the output value of green factories at the provincial level and above accounting for approximately 15% of the total output value of large-scale manufacturing. From the "zero-carbon" exploration at Huzhou's Meixinda Green Textile Demonstration Park, where over 80% of carbon emissions have been reduced to zero, to Wenzhou Yueqing's achievement of 39% of output value coming from green factories, Zhejiang's green momentum is transitioning from isolated "points of success" to widespread "forests of growth." At the same time, the energy structure is being optimized at an accelerated pace. By the end of June, wind and solar power accounted for over 40% of the province's total installed power capacity. On the consumption side, the promotion of clean energy is advancing in tandem with innovations in green electricity trading mechanisms. As of the end of July, cumulative green power transactions in Zhejiang had grown substantially, with inter-provincial green electricity trading surging by 160.7%. Low-carbon development is transforming from a concept into a new competitive edge for Zhejiang's industries.