More than 600 wooden line enterprises in Nanma town have maintained the reputation of Nanma wooden line, and Nanma town has been rated as "the hometown of wooden line in Zhejiang Province". The production and sales of straw mats in Nanma are booming, which has become the main industry in Nanma Town, with the planting area of straw mats reaching 1.6 million mu. Quanfu Village Straw Mat Base was named as a high-quality and efficient agricultural product base by Zhejiang Provincial Department of Agriculture, with 1600 households processing straw mats. The innovation of processing technology has continuously improved the grade of straw mats, and a number of key enterprises such as "Xinrong" and "Dongfang" mat industry have emerged.
Nanma Town's economic development momentum is good, showing a gratifying pattern of "high leading enterprises and thousands of enterprises singing and dancing together". Leading enterprises such as Garden, Xinya, Ji Fa and Zongsu have achieved leap-forward development. Garden Group has built the world's largest industrialized production base of vitamin D3, and Xinya Company has built the largest production base of casual pants in Zhejiang Province. The private economy in Nanma Town has developed rapidly, and now it has highlighted five economic pillars, such as wood thread, mat, magnetic steel, clothing and ham, as well as auxiliary industries such as intermediate frequency electronics, building materials, furniture, plastics and chemicals.