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Xianggong Street, Yihe New District: Transformation of traditional industries, model of high-quality development of private economy

By pooling resources, leveraging technological empowerment, and providing caring services, Xianggong Subdistrict in Yihe New Area has driven a remarkable transformation in traditional industries—such as hardware and plastics—serving as a vivid microcosm of the high-quality development of the private economy.

In the injection molding workshop of Linghang Hardware, the intelligent injection molding machine is operating efficiently, and precision hardware accessories are produced in an orderly manner from the production line.
Who would have thought that the largest manufacturer of car washing and gardening hardware tools in Jiangbei today was just an inconspicuous small village workshop in its early years?
This vivid transformation practice is the vivid implementation of the spirit of Yihe New District’s high-quality development in 2026 and the “Industry over 100 billion, city more beautiful” concentrated action mobilization meeting. It also allows us to understand the underlying logic of high-quality development of the private economy from the butterfly changes in the two traditional industries of Xianggong Street hardware and plastics.

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Clench your fingers into a fist to let scattered industries gather together for development.
In the past, the hardware and plastic processing enterprises in Xianggong Street were mostly scattered in various villages. The “low, small and scattered” layout restricted industrial upgrading.
The local government abandons the extensive investment promotion that “everything in the basket is just vegetables”, and instead bases itself on the foundation of local industries and anchors and strengthens chains to make precise efforts: by building the Jinyuan Small and Micro Industrial Park and the New Materials Industrial Park, and replicating the “enclave cluster” model, small and micro enterprises scattered in each village will be
Integration into the park; at the same time, leading enterprises such as Yihu Garden and Xinda Heavy Industry are taken as the lead to attract upstream and downstream supporting enterprises to settle in, achieving a leap from single parts processing to the layout of the entire industry chain, allowing traditional industries to transform from “working alone” to “cluster operations.”

Related industry pictures

Technological empowerment allows old industries to accelerate their transformation.
The core of high-quality development of the private economy is to activate the innovative vitality of enterprises themselves.
Xianggong Street has always adhered to the concept of “serving local enterprises well is the greatest investment attraction”. Targeting the development pain points of traditional enterprises, it has implemented a tiered cultivation plan, focused on supporting enterprises with strong growth potential, and guided enterprises to take the road of intelligent and green transformation.
Huibang Hardware has tripled its production efficiency after introducing robotic arms. Xinda Heavy Industry has incubated new smart machinery projects and built digital platforms to achieve full-process intelligent management and control. More and more traditional manufacturing companies are accelerating towards the new track of “intelligent manufacturing”.

Warm-hearted service builds a solid backing for corporate development.
A good business environment is fertile ground for enterprise development.
Xianggong Subdistrict has put the optimization of the business environment into practice, from factory construction and formalities to production and operation and market expansion, providing enterprises with considerate services throughout the entire process: in response to the problem of insufficient development space for small and micro enterprises, it has accelerated the construction of standardized workshops; in response to the employment needs of enterprises, it has built an employment platform to allow surrounding people to find employment at their doorsteps, achieving a win-win situation of enterprise growth, collective income increase, and people getting rich. It has also made more private enterprises willing to take root in the local area and deepen their main business.

Small industries hide big articles, and small incisions bear witness to the big picture.
The transformation story of Xianggong Street is a vivid epitome of the high-quality development of the private economy.
Anchor development goals, make precise efforts in attracting, be diligent in nurturing, and improve quality and efficiency in services will surely revitalize more traditional industries, make the foundation of the private economy stronger and more dynamic, and inject a steady stream of momentum into high-quality regional development.

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