In 2007, the whole street achieved a GDP of 2.481 billion yuan, a total industrial and agricultural output value of 10.635 billion yuan, an increase of 26% over the previous year; the industrial sales output value above designated size was 7.35 billion yuan, an increase of 22.4% year-on-year; profits and taxes 1.102 billion yuan; the total fiscal revenue was 203 million yuan, an increase of 31.5% over the previous year; the per capita net income of farmers reached 12,405 yuan, an increase of 9.5% over the previous year. Its economic strength ranks 40th on the list of the top 100 towns in Zhejiang Province and 200th on the list of the top 100 towns in the country.

There are more than 600 enterprises in the street, with relatively complete business categories, including eight major industries, including chemical fiber, sanitary ware, umbrella industry, construction, machinery manufacturing, vegetable food, textile printing and dyeing, and knitted clothing. The structure is reasonable and the development Momentum is strong. By the end of 2007, there were 108 enterprises above designated size, including 1 enterprise with an output value exceeding 2 billion yuan, 20 enterprises with an output value exceeding 100 million yuan, and 5 enterprises have entered the ranks of the top 100 enterprises in Xiaoshan District. It is worth mentioning that in recent years, Nanyang's industrial and economic structure has been continuously optimized. The output value of the chemical industry has been decreasing year by year in the town's total economic output. The characteristic economic development situation is gratifying. By the end of 2007, there were more than 120 umbrella industry-related enterprises, with a total output value of 3.5 billion yuan, with an annual output of over 100 million umbrellas of various types, and has successfully created the "China Umbrella Town"; Nanyang currently has more than 60 shower rooms and supporting companies, with an annual output of more than 800,000 sets of various shower rooms, accounting for approximately 100% of the country's total. 20% of the total output, with a total output value of 1.6 billion yuan, and was awarded the title of "Hometown of Shower Rooms in China".

Enterprises’ independent innovation capabilities continue to increase, and the contribution of science and technology to economic development continues to increase. In 2007, the subdistrict added 1 provincial-level high-tech enterprise, 2 district-level high-tech enterprises, 2 information demonstration enterprises, 3 municipal-level technology centers, 3 district-level technology centers, and 8 provincial-level new products. Brand building has been continuously strengthened, with 2 well-known Chinese trademarks (Shu Qimeng and Yinghu), 2 new provincial-level famous brands, 2 district-level famous brands, and 4 district-level well-known trade names. The launch ceremony of the "Top Ten Projects" with a total investment of 1.6 billion yuan was successfully held, and the company's development potential was further enhanced. Contracted foreign investment of 27.87 million US dollars was completed, foreign investment in place was 4.82 million US dollars, contracted domestic investment outside the city was 140 million yuan, and domestic investment outside the city was 6610 million yuan. million, realizing an investment of 556 million yuan in industrial technological transformation above designated size.

At the same time, it took the lead in popularizing e-commerce among street enterprises and established the first domestic town-level e-commerce website - Nanyang Business Network, which was reported and reprinted by more than 200 media across the country, including Xinhuanet and People's Daily Online. Nanyang Business Network opened the news and spoke highly of it. In 2007, the total agricultural output value was 306.9 million yuan, and 10.984 of the assessment tasks assigned by the district were completed. The area under multiple grain cultivation was 37,872 acres, an increase of 4.9% over the previous year. Agricultural industrialization has been comprehensively improved. Four agricultural enterprises in the town have been listed as leading agricultural enterprises at or above the district level. Tianhai Fisheries has been awarded the gold medal of the Zhejiang Agricultural Expo for four consecutive years. Jiangnan Breeding Company has developed into the largest commercial pig company in the region. production base.

Leisure and sightseeing agriculture has achieved zero breakthrough, and the "Kangle Fishing Village" in Leishan Village was named a district-level leisure and sightseeing agriculture demonstration site. The construction of farmers' professional cooperatives has been further strengthened, with 7 newly registered farmer cooperatives this year. The joint-stock reform of 8 villages was successfully implemented, and the transfer of management rights of 40,000 acres and 27,000 acres of reclaimed land was basically completed, effectively strengthening the village-level collective economy.

Strengthening the construction of standard river channels, investing nearly 2 million yuan to build stone bank protection for Jinjiaqiao Zhiwan and Xianfeng River, and dredging the Xianfeng River. Cooperation between villages and enterprises has been strengthened, and the pace of new rural construction has been further accelerated. In 2007, Nanyang Street took advantage of environmental improvement and the eastward expansion of tourism to actively leverage the ecological advantages along the river, and made new progress in the development of the three industries. The reconstruction and expansion project of Guanchao City with an investment of 30 million yuan is gradually being implemented. The Moon Bay Tide Watching City project with a total investment of 1 billion yuan was included in the Xiaoshan District Tourism "1010" project, and the foundation stone was laid at the Tide Watching Festival.

The "Jiang Zihao" specialty catering belt has initially taken shape. More than 170 acres of land along the river were successfully auctioned. The auction price hit a record high in Xiaoshan townships, laying a solid foundation for the next step of Nanyang building a new city along the river and developing the modern service industry. .