Since the reform and opening up, especially in the second entrepreneurial upsurge in Wenzhou, the economic construction of Guoxi Town has made rapid progress and the social outlook has changed with each passing day. Ranked among the top 30 towns with comprehensive strength in Wenzhou for three consecutive years. In 20 10, under the strong leadership of the district party committee and the district government, Guoxi Town adhered to the guidance of Scientific Outlook on Development, focusing on industrial transformation and upgrading, urban grade upgrading, social coordinated development, and party building consolidation and upgrading, and achieved good results in all aspects, effectively promoting the all-round economic and social development. The annual industrial output value was 9.096 billion yuan, up 14.92% year-on-year. The foreign trade export delivery value was 654.38+0.289 billion yuan, a year-on-year increase of 36.57%; Fiscal revenue reached 367 million yuan, a year-on-year increase of 18.2%. Guoxi area, formerly known as Shanghe Township, is famous for its fertile land and beautiful ponds, and its traditional agriculture is quite developed. In 1950s, the first "prairie fire society" in China was born here. Since 1995, the township government has vigorously promoted agricultural modernization and vigorously implemented the "one excellent and two high" agriculture and the "vegetable basket" project. By 1999, Guoxi Town has been built into one of the first provincial-level modern agricultural demonstration parks in Zhejiang Province, which has realized the gardening of farmland, mechanization of agriculture, regionalization of layout, standardization of agronomy, socialization of service, scientific management, large-scale operation and knowledgeable personnel.

Guoxi is a strong industrial town in Ouhai. Give full play to the agglomeration and radiation functions of the five major industrial bases at the town level, and actively cultivate new economic growth points by relying on Sanxi Industrial Park and Ouhai Electroplating Base in Ouhai Economic Development Zone. More than 3,000 industrial enterprises in the town have gradually formed pillar industrial groups such as tanning, shoemaking, construction, food, standard parts, machinery and glasses. A number of well-known brand enterprises such as Zhongcheng Group, Haoda Food and Huadu Footwear have emerged, and eight high-tech enterprises such as Hengfengtai have been cultivated.