Based on the location, transportation, and water conservancy advantages, the Bowang Town Party Committee and Government organized entrepreneurship around the four strategic positionings of "historical and cultural town, characteristic industrial town, industrial and economic strong town, and regional business center" We will make five major breakthroughs in park construction, infrastructure construction, small town construction, characteristic industries, and new rural construction, and strive to build an open, wealthy, dynamic, and harmonious new world.

In recent years, three major brand industries have been cultivated: vegetables, forest fruits, and tobacco leaves. At present, the town has a vegetable area of ??30,000 acres, with an annual output of 200 million kilograms of high-quality vegetables, mainly tomatoes, cucumbers, celery, and cabbage, with an output value of 240 million yuan. In 2009, it passed the pollution-free agricultural product production base certification and registered the "Bo Wangpo" agricultural product trademark. The city and county agricultural bureaus track Bowang vegetable production throughout the process, ensuring the product's market launch rate in Zhengzhou, Wuhan, Xiamen, Xi'an, Nanyang and other places. The fruit forest area is 18,000 acres, forming three major bases. The main products are golden pears and American apricot plums, with an annual output of more than 40 million kilograms. In 2008, Bowangpo Golden Pear was rated as a recommended fruit product for the 29th Olympic Games by the Olympic Organizing Committee. In 2010, it participated in the World Expo and became the eye-catching highlight of the Henan Pavilion and became famous in the World Expo. Tobacco leaf has been produced intensively and on a large scale, covering an area of ??more than 8,000 acres, making it one of the largest tobacco production bases in Fangcheng County. The area of ??small pepper exceeds 50,000 acres, the output is more than 12 million kilograms, and the annual output value is nearly 75 million yuan. 30,000 acres each of high-quality cotton and peanuts. There are 3 million broilers produced annually, 17 million kilograms of fresh eggs are produced annually, and the annual output value of the chicken industry reaches 100 million yuan.

Bowang’s industrial economy is developing rapidly. A high-standard entrepreneurial park has been established with a controlled area of ??320 hectares, including 200 hectares of planned area. The application for detailed regulations for the entrepreneurial park has been completed and 5 projects have been settled, namely: Zhongcheng Abrasives Co., Ltd., Bocai Crafts Factory, Leather Industry Park Zhuangmenshao Brick Factory, Xuzhuang Hongxiang Liquefied Gas Station and Yucai School have a total investment of 64 million yuan. There are 15 private enterprises with investments of more than 5 million yuan. The two leading enterprises, Zhongcheng Abrasives Co., Ltd. and Bocai Arts and Crafts Factory, have an annual output value of more than 300 million yuan. The town's permanent population exceeds 30,000, commercial retail sales reach 80 million yuan, and the annual wheat output in the main grain-producing area is 150 million jins.

Bowang Town has been identified as a "five-star town" by the Nanyang Municipal Party Committee and Municipal Government, as a national key town by the Ministry of Housing and Urban-Rural Development and other seven ministries, and as "the first batch of key towns in Henan Province" by the Henan Provincial People's Government. Demonstration Town" and was commended as "Advanced Township in Henan Province's Agricultural Structural Adjustment".