On April 19, the Hubei Federation of Industry and Commerce and the Big Data Research Institute of Zhongnan University of Economics and Law jointly released the “Hubei Private Economy Operation Monitoring and Analysis Report for the First Quarter of 2024". The report shows that with the overall recovery of the macroeconomy and the introduction of a series of policies to support private economic development, our province's private economy sentiment index for the first quarter was 51.9%. The overall expansion trend continued, up 0.6 percentage points from the previous quarter and 1.4 percentage points from the same period last year. The confidence index of private entrepreneurs in the first quarter was 59.1%, up 0.2 percentage points from the previous quarter and 2.7 percentage points from the same period last year. It shows that our province's private economy is off to a good start.