Xushuguan town is not only an industrial satellite town in Suzhou, but also an important industrial town on the Shanghai-Nanjing line. There are more than 50 enterprises above the county level in the township, such as Shanghai Baosteel Baohua Carbon Black Group Co., Ltd., Jihua Group Suzhou Amway Chemical Group Co., Ltd., Jiangsu Silkworm Farm, Suzhou Iron and Steel Group Co., Ltd., Suzhou Antai Transformer Factory Co., Ltd., etc. Suzhou Hongfeng Titanium Industry Co., Ltd., Suzhou No.4 Cement Plant, Hushuguan Lime Factory, Hushuguan Knitting Factory, Suzhou Huamei Electric Appliance Co., Ltd., Suzhou Nanxing Abrasive Co., Ltd. and other private enterprises and more than 400 Sino-foreign joint ventures.
Xushuguan town is a place where goods and merchants gather, and its service industry is very developed. There are eight markets in the township, namely Xiatang Farmers' Market, Shangtang Farmers' Market, Timber Market, Seedling Market, Hu Xin Comprehensive (Small Commodities) Market and Summer Mat Market. In 2004, the town's GDP was 2 1 billion yuan, an increase of 32.5% over the previous year. Completed the general advance payment of 654.38+0.06 billion yuan, and entered the ranks of advanced towns with fiscal revenue exceeding 100 million yuan in Suzhou for the first time; Industrial sales reached 5.735 billion yuan, up 30% over the previous year; The export of self-owned products reached US$ 20 million, up by 10% over the previous year, and the total investment in fixed assets was165438+38 million yuan, up by 58% over the previous year. The per capita annual income of the town residents is 654.38 million yuan. In recent years, the town's economy has shown a good momentum of sustained, rapid and healthy development.