Kangqiao Street has large and medium-sized state-owned enterprises such as Banshan Power Plant, Hangzhou Coal-to-Gas Plant and Hangzhou Refinery. It is an important industrial development zone and economic development zone in Hangzhou and one of the key streets in Hangzhou. The comprehensive economic strength ranks 15 among the "Top 100 Streets" in the province, and it has successively won the honorary titles of "Streets with Strong Education, Provincial and Municipal Health Streets, Green Village Streets, Excellent Standard Streets Created by" Safe Village ",Advanced Streets for Preschool Education, and Advanced Collective for People's Mediation".