Investment attraction, investment attraction, and characteristic projects are everywhere. "As a large agricultural town in the transitional period, we should break through agriculture and grasp industry, comprehensively optimize the secondary production structure, focus on attracting investment and selecting capital, and let the main economy stand up." In July, 2005, Sun Xi and Chen Jianfei, who were entrusted with the important tasks of Party Secretary and Mayor of Xingqiao Town, sounded the clarion call of revitalizing the town through industry through in-depth investigation, analysis and planning, in view of the current situation that the industrial investment was 4 million yuan and the main economy contributed less than one third to the finance. There are 1.2 million mu of cotton and sericulture in Xingqiao Town. Only by enlarging the advantages of resources, attracting investment and selecting capital, and striving to build a small town with clothing industry characteristics, can the existing assets be revitalized and the potential of sericulture resources be released. Yancheng Silide Cocoon and Silk Project with an investment of 80 million yuan was officially completed and put into operation in March 2006. This project has become a leading agricultural enterprise at the provincial level, one of the "Top 100" key completed projects in 2006, and the largest taxpayer in the town. Focusing on attracting investment from the clothing industry, the town has more than one clothing enterprise 10, such as Ding Wei clothing, Longyang clothing, Yashi clothing and Buniao clothing. , with an annual output of 60 million sets of various garments, 80% of which are directly sold to Europe, America, South Korea, Japan, the Netherlands and other countries. The clothing industry has initially formed a cluster, and the famous clothing town Xingqiao has begun to take shape and stand out.

Technical transformation and capacity expansion, and strive to build enterprises. "Introducing new technology, purchasing new equipment and hiring new talents" is the core of technological transformation and capacity expansion in Xingqiao Town. King Kong Star Gear Factory is an old enterprise in this town. Due to insufficient investment and sluggish market, only 1.5 million yuan was generated in 2004. At the end of 2005, Xingqiao Town relied on high-quality services and preferential policies to encourage enterprises to move to new industrial parks and become bigger and stronger. In April 2006, around the "Three Innovations", the industrial concentration area invested 50 million yuan, which was completed and put into operation that year. In the same year, the enterprise invested100000 yuan to newly install the most advanced fully computer-controlled carburizing and quenching equipment in China. Now the enterprise has achieved an annual output value of 654.38+0.2 billion yuan, with profits and taxes of more than 3 million yuan. There are 15 enterprises in xingqiao town, with a total investment of 620 million yuan.

Invest big and rely on strong, with the help of external advantages. While expanding and strengthening the existing enterprises, Xingqiao has carried out knocking on doors to attract investment, actively "climbing big and attaching to foreign countries" and "marrying" with 10 national top 500 enterprises and well-known enterprises, so as to accumulate strength for Xingqiao's main business. China Chunlei Group, one of the top 500 enterprises in China, negotiated a malt project of 65.438+0.5 million tons, with an investment of 65.438+0.5 billion yuan, and started construction of 654.38+0. 1.00 in June. Liang, president of "Double-sided Needle" Group, visited the town for many times and reached an intention agreement with Xingqiao Town to invest 200 million yuan to build a Chinese herbal medicine purification project in the town. Xingqiao Town also negotiated with chongqing lifan Group on the production of electric vehicles through commercial investment. Seizing the strategic opportunity of international globalization, Xingqiao Town has made new breakthroughs in all-round packaging, high-density investment attraction and utilization of foreign capital year after year. Xingqiao Town has five Sino-foreign joint ventures and wholly foreign-owned enterprises, including Bird Clothing and Longyang Clothing.