The party committee and government of this town adhere to the idea of building a town by industry and strengthening the town by industry, and vigorously develop the machinery manufacturing and processing industry. Taishan Cement Factory is a star enterprise in Shandong cement industry and a provincial-level inspection-free enterprise. In 2004, the town's GDP was 475.25 million yuan, of which the added value of the primary industry was 96.38 million yuan, that of the secondary industry was 266.7 million yuan, and that of the tertiary industry was11880,000 yuan. The investment in fixed assets is 336.72 million yuan, and the actually paid-in capital for investment attraction is10.33 billion yuan. The construction of small towns has developed rapidly, supporting facilities have been continuously improved, services such as culture, entertainment and catering have been developed, education has flourished, and people's production and living standards have been significantly improved.