Xianghai is mainly engaged in agriculture and animal husbandry. The main crops are corn, sorghum, millet, millet, buckwheat, sunflower, mung bean, cowpea, castor, melon and watermelon. In recent years, the planting structure has been adjusted, and sesame, peanuts, peppers, and cotton have also begun to be planted in large areas. Because it is rich in high-quality pasture - Leymus chinensis, the animal husbandry is developed. The main livestock products include wool, cashmere and high-quality cattle and mutton. Xianghai millet and Xianghai duck eggs have registered trademarks and are well-known both inside and outside the province.

The tourism industry in Xianghai is very developed and has formed a one-stop pattern of tourism, accommodation, food and shopping. Crane Island, Bird Paradise, Plover's Nest, beach bathing beach, cattail grass reed marsh, Mongolian yellow elm, mountain apricot forest, ancient ruins and Xianghai Temple make tourists forget to leave. When you come to Xianghai, you will experience its exquisiteness, meticulousness, warmth and depth; you can't help but admire the uncanny craftsmanship of nature's creations.