Agriculture
Shaoxing is a high quality and high yielding agricultural area of comprehensive development in farming, forestry, animal husbandry, agricultural by-product production and fishing. It is China's first area with a per mu grain yielding of more than five hundred kilograms. It has established 15 national cultivation bases for commodity cereals, commodity cotton, low-fat pigs, long-hair rabbits, pocked?? ducks, etc. The production scale and quality of 16 outstanding agricultural products such as bamboo weaving, peanuts, Chinese torreya and red bayberries rank first in China.

Industry
It has formed a certain scale industry system with light and textile industries, foodstuff and machinery as its pillar, and also including metallurgy, chemicals, pharmaceuticals, electronics, construction materials, new-style packaging, etc., forming a complete set. The economic profit of industry ranks highly in Zhejiang Province. The enterprise reform of Shaoxing has entered an innovation stage with the core of equity system reform. The city accelerates the reform of corporation system and stocking holding system, with 6 industrial and commercial enterprises' stocks going public altogether in the city.

！Shaoxing is China's largest Shaoxing rice wine production and export base, with an annual production of 250 thousand tons of rice wine, and an annual export of 15 thousand tons, holding 75% of the national total.

！Shaoxing is the chemical fiber material base of Zhejiang Province. It takes lead in the development of textile products in the nation, with an annual production of 3.2 billion meters of all types of fabrics, which can wind around the globe for 80 times.

！Shaoxing is China's largest necktie production base, with both the output and the market shares holding more than 80% in the nation.

！Shaoxing's textile machinery enjoys unique advantages, with its beinian?? Machines taking 70% share of the China market, and its large sized printing and dyeing machinery taking 40%.

！Shaoxing is China's largest plain fluorescent screen production base and development center, with an annual output of more than 90% of the nation's total.

！Shaoxing is China's largest energy-saving light production and export base, with an annual output of 10% of the nation's total.

Construction Industry
It makes efforts in the exploration of international and domestic markets of construction industry which has become a new advantageous industry. In 1997, the total output of construction and installation reached 23.69 billion yuan, ranking first in Zhejiang Province, winning Luban Prize！China's highest construction prize for four times, taking 50% of the total of Zhejiang Province.

Specialized Market
With the support of Shaoxing's advantageous industries, the specialized market is an outstanding feature in Shaoxing's economy. In 1997, there were 378 all types of markets in the city, including 10 production factor markets, 7 of which with an annual volume of business of above one billion yuan. The total business volume of all markets reached 52.34 billion yuan. China Light & Textile Town ranks second among all the markets in China. It is Asia's largest textile product entrepot with an annual business volume of 14.3 billion yuan.

Foreign Investment
The city has altogether approved 1590 foreign investment companies, Sino-foreign joint ventures and Sino-foreign cooperative enterprises, with a total investment of 3.5 billion US dollars, an agreed foreign investment 1.45 billion US dollars, and an actual foreign investment 680 million US dollars. The foreign investors come from 44 countries and regions. Their investments are involved with 25 professions such as agriculture, energy resources, textile, machinery, electronics, chemicals, pharmaceuticals, light industry, construction materials, etc. According to the analysis of foreign investment, about 85% of the companies are making profit.

Foreign Trade
Shaoxing has established trade ties with 105 countries and regions. More than 450 types of products such as rice wine, bamboo weaving, silk, feather products, pharmaceutical products, bearings, rechargeable batteries are exported to the international market. In 1997, the total export reached 20 billion yuan including 650 million yuan of self-operation export.

Foreign Economic Cooperation
It has established 46 companies or organizations in countries and regions such as the U. S., Japan, Hong Kong, Southeast Asia, Eastern Europe and the C.I.S. In 1998, it plans to reach an agreed foreign investment of 150 million US dollars, an actual foreign investment of 100 million US dollars, a self-operation export of 740 million US dollars, and a labor export of 1280 person time. By 2000, it will have primarily established an comparatively complete open economic system which will promote industrial upgrading, structural optimization, and economic quality improvement. The local self-operation export will reach one billion US dollars, and the actual foreign investment during the five year period (1996！2000) will reach a total of 600 million US dollars.