Dagang District is a coastal city criss-crossing urban and rural areas, with equal emphasis on industry, agriculture and fishery, with oil exploitation and petrochemical industry as the main body and relatively complete industrial categories. It is an important part of Tianjin Binhai New Area. There are a number of large state-owned modern enterprises such as Dagang Oilfield Group Co., Ltd., Tianjin Petrochemical Company, Tianjin United Chemical Co., Ltd., China Petrochemical Fourth Construction Company, Dagang Power Plant, China Construction Sixth Bureau First Construction Company, etc. Banqiao, Beidagang and Dasuzhuang are three state farms. There are more than 600 township industrial enterprises, nearly 800 urban collective enterprises and more than 700 private enterprises in the whole region. There are state-owned and collective commercial enterprises and individual industrial and commercial households in both urban and rural areas. Regional economic and social development has a good foundation.