The town's private economy has developed rapidly. In 2000, five dominant industries such as building materials, flour, cotton spinning, non-staple food processing and handicraft processing were initially formed. There are 380 private enterprises, including 74 industrial enterprises, and the total private economy is 654.38+0.06 billion yuan. In 2005, Huafeng Cotton Mill's 20,000 spindle expansion project with a total investment of 30 million yuan, Xinkang Fine Chemical Co., Ltd. with a total investment of 50 million yuan, Jin Xin Flour Co., Ltd. with a total investment of 80 million yuan and Kaiyuan Foundry Co., Ltd. with a total investment of 30 million yuan in 2006 successively settled in Liuhe, which expanded the economic scale of Liuhe and laid the foundation for its economic development. In 2004, 2005 and 2006, it won the first place in the comprehensive assessment of "township enterprises", "investment attraction" and "urban construction" in the county for three consecutive years, and its comprehensive strength entered the top 20 in the city. In 2007, the town's fiscal revenue reached 4.36 million yuan.
With the rapid development of industrial economy, the town has formed five dominant industries: cement building materials, flour processing, mechanical casting, cotton yarn textile and food processing. A large number of large and medium-sized enterprises have settled in Liuhe, such as Liuhe Central Grain Reserve, Tian Rui Group Ningling Co., Ltd., Jin Xin Flour Group, Kaiyuan Machinery Casting Co., Ltd., Jinhao Textile Co., Ltd., Fu Bo Textile Co., Ltd., Wanghua Food Co., Ltd., Shunfa Electronics Co., Ltd., Xintai Clothing Co., Ltd., Xinpengtai Plastic Weaving Co., Ltd., Hengjia Concrete Mixing Co., Ltd. and many other large and medium-sized enterprises have formed the core.
In 2008, the town achieved a gross national product of 760 million yuan, a fiscal revenue of 6.8 million yuan and a per capita net income of 2,000 yuan for farmers. For many years, it has been rated as "advanced township for developing township enterprises", "advanced unit for animal husbandry industrialization" and "advanced township for attracting investment" by the municipal party committee and municipal government. 1999 was named as "Demonstration Town of Popular Science" by Henan Association for Science and Technology, and was identified as "Key Town of Small Town Construction" by the municipal party committee and municipal government.
In 20 10, the fiscal revenue of Liuhe Town was12.56 million yuan, and the general budget revenue was 8190,000 yuan, up16.9% year-on-year; The town's investment in fixed assets was 460 million yuan, a year-on-year increase of142%; The per capita net income in rural areas was 4,650 yuan, up 21.5% year-on-year; Investment was 430 million yuan, a year-on-year increase of 38.2%, exceeding the county's objectives and tasks.