Since the reform and opening-up, the people of Hengshan Town have taken the overall planning of urban and rural development and the overall realization of a well-off society as the goal, based on the situation of the town, seized the opportunity, adhered to the strategy of "prospering the town through industry, stabilizing the town through agriculture, and making Shang Yexing town", developed, consolidated and improved collective enterprises with increasing farmers' income as the core, freely developed the private economy, enlivened the circulation of commerce and trade, vigorously developed the service industry, vigorously promoted the process of agricultural industrialization, and firmly united with others. In 2003, the total industrial and agricultural output value was 65.438+0.52 billion yuan, the fiscal revenue was 34.9 million yuan, and the per capita net income of farmers was 2,600 yuan. The total industrial output value accounts for 92.3% of the total social income, and the industrial economy has become an important economic pillar of Hengshan Town. Successive party committees and governments unswervingly adhere to industrial relay entrepreneurship, vigorously create a good environment and provide quality services. Various township enterprise systems have been established, such as electronic beads, metallurgical casting, magnetic materials, building materials, reeling textiles, medical care, foreign trade processing, auto parts transportation, catering services, decorative printing, chemical plastics, bamboo and wood processing, etc. The total number of private enterprises in the town reached 157, of which 17 were the backbone private enterprises with an annual output value of more than 5 million yuan. In 2002, the county party committee and government built the first phase of Huoshan Eco-industrial Park in Hengshan Town, covering an area of 15 square kilometers. At present, 5 enterprises and 16 projects have entered the park to start businesses. At the same time, based on the relatively concentrated areas of private enterprises, the town party Committee and government have planned to establish Hengshan private industrial park and Yingjia factory private industrial park. At present, more than 40 enterprises have started businesses in the park, and the three parks have become a platform for economic development, a "warm nest" for attracting investment and a paradise for entrepreneurs to start businesses. Hengshan Town is striving to improve the investment and development environment while doing a good job in hardware construction. The town has introduced the assessment and reward methods for attracting investment and comprehensively implemented the target responsibility system for attracting investment; The implementation of the main leadership responsibility system, the development of private economy as an important basis for assessing cadres, and the implementation of the responsibility system for leading bodies of key enterprises have formed a strong atmosphere of pro-business, security and business support in the town.