With the pace of reform and opening up, township economy has developed in China's counties and townships. Although it is not as large as urban economy and has attracted widespread attention from all walks of life, it plays an important role in the actual socio-economic operation. As the supplement of urban economy and the pillar supporting the rapid development of agricultural economy, township economy has its irreplaceable. Only if a place has perfect and developed Township Economic types, its overall economic level will not fall behind.

Zhejiang Province is one of the areas with the best development of township economy in China. The local high-speed development of township economy not only promotes the rise of new towns, but also plays a great role in improving rural appearance and developing agricultural economy. Compared with the number of counties, the number of villages and towns is even more numerous. In order to objectively reflect the development level of villages and towns across the country, on the basis of referring to the list of "top 100 counties", there are also selection activities on the list of "Top 1000 towns". Every year, authoritative institutions will rank and select the well-developed villages and towns in China, and the top 1000 can be listed on this list. There is a real top 1000 town in Zhejiang. Its total GDP exceeded 32 billion in 2019. It is known as the "cornucopia" of Yueqing. This place is Liushi town.

Liushi town is subordinate to Yueqing, a county-level city below Wenzhou. It is located in the southern coast of Yueqing and is only separated by a river from the urban area of Wenzhou. A few decades ago, Liushi town was still an unknown small town. Later, with the progress of reform and opening up, through the development of township economy and various small electrical appliances, Liushi town gradually prospered and became the famous "capital of electrical appliances in China". It was not only selected as the representative of Zhejiang towns into the top 1000 towns in China, but also ranked in the top 15.

Taking advantage of the coastal advantages and accurate control of market changes, the overall market operation is not as good as in the past. At present, Liushi town still maintains rapid economic growth. In 2019, the total GDP of the town exceeded 32 billion yuan, almost equivalent to the scale of a strong economic County in the central and western regions. Because the output value created by Liushi town accounts for the largest proportion in Yueqing City, it is also known as the "cash cow" of Yueqing.

In addition to continuing to develop industrial manufactured products dominated by electrical appliances, Liushi town is also actively expanding its own development structure and promoting the local economic level again by actively developing tourism. Liushi town is next to Yandang Mountain scenic spot. Many natural and beautiful Yandang Mountain scenery are distributed in it. Therefore, for tourists who want to enjoy the scenery of Yandang Mountain, the new town is an indispensable place.