In 2003, the town completed the industrial and agricultural output value of 2.294 billion yuan, an increase of 14.9%, of which 2.2 billion yuan of industrial output value, an increase of 14.6%; the completion of the industrial and commercial tax 21.34 million yuan; per capita net income of farmers 3881 yuan. It is one of the towns with faster economic growth in Chaonan District.
Infrastructure transportation conditions, infrastructure is improving. National Highway 324 through the territory, the provincial highway Si Shen Highway, Si Ying Highway and Guangzhou-Shanzhou Road intersection in the center of the town, becoming a drive the town's economic development of the three major transportation arteries. In recent years, the town vigorously improve the investment environment, employing professional organizations to redraw the town, the village two levels of the construction of the master plan; actively improve the town's traffic construction, paving Si cellar road, Si store road, the beauty of the Xian Road, Huarixi Avenue and other nearly more than 10 main village roads; town and village main roads have been realized cement road and through the goods vehicle target, the village village to achieve access to water, electricity and roads. Simapu town has opened 22,000 program-controlled telephone; improve the investment environment, built a 110,000-volt substation and a 20,000-ton daily output of the water plant to meet the town's residents and industrial and commercial use of water, electricity needs; the new town-level hospitals with more advanced technology and equipment, and greatly improve the medical and health conditions of the masses; investment of more than 26 million yuan to build the flooding of the Simapu surroundings of the electric drainage, flooding problems; beautify the Simapu Town environment, planning and construction of more than 10 green attractions, in the township in the east embankment of Hong Kong Creek to open up the construction of more than 1,000 meters long green corridor.
Three high agriculture actively promote the pace of science and technology to promote agriculture, the promotion of good seeds and good laws, make full use of natural conditions, in the consolidation of traditional agricultural development on the basis of the development of local characteristics of the "three high" agriculture has been established in Hongkong Chau, the Secretary of the "three birds" on the rearing, the lower shop vegetable planting scale. Breeding, under the store vegetable scale planting, Xiangang Thai popcorn, Huaxi sweet corn and a number of "three high" agricultural projects, the initial formation of "six one" characteristics of the agricultural farming pattern (10,000 acres of high-yield rice, 1,000 acres of pollution-free vegetables, 1,000 acres of orchards, 1,000 acres of pasture, 100,000 "three high" agriculture). Pasture, one hundred thousand "three birds" and one thousand pigs).
Industrial development Simapu town adhere to the economic construction as the center, set up "walk the right way, do industry, create a brand, tree pillars, strong service" the guiding ideology of development, one hand pay close attention to the growth of the total economy, one hand pay close attention to the adjustment and optimization of the economic structure, and strengthen the guide to support the efforts of the comprehensive strength of the economy continues to be strengthened. The town's existing industrial enterprises 344, of which 12 three-funded, three to a complementary enterprise, 82 private enterprises, 83 limited liability companies, individual enterprises 167; output value of 100 million yuan of enterprises, the output value of 5 million yuan on the 20 enterprises; Guangdong Province, two famous trademark enterprises, Shantou City, Shantou City, the key to protect the trademark of four enterprises; through the ISO9002 international quality certification of 12 enterprises. Simapu town now has Guangdong Province Maniform clothing company, Guangdong Hangyang silk flower industrial company, Guangdong Taigel technology power supply company, Shantou Xinwannian cloth company and other leading enterprises in the industry; has gradually formed textile and clothing, artificial silk flower, travel supplies, printing and dyeing industry, hardware and electrical appliances, printing and packaging, plastic products, food, stationery, such as the industrial structure of the nine industries, the formation of the Huarixi silk flower, Ximei Zhu small electrical appliances, beauty of the four West Pajamas, Port Xian tourism products four distinctive scale of professional village, the ground industrial products marketed in the United States, Latin America, the European Union, the Middle East, Hong Kong and other countries and regions of the world more than 30 countries and regions. In order to speed up the pace of economic development, Simapu town in 2003 put forward a new development strategy, namely, to build a strong economic town as the goal, play adjacent to the Chaonan New Area location advantages, around the "credit town, industrial rich town, brand town" of an economic idea, create industrialization, urbanization, two new pattern, to create parks, trade, overseas investment It also creates three advantages of industrialization, commerce and trade, overseas Chinese investment, and private investment, builds four economic and industrial belts (i.e., a new light industry belt with special characteristics, a high-tech industrial belt, an advantageous agricultural industrial belt, and an industrial belt of "three-bird" feeding), and plans and builds an industrial gathering base of 800 acres in the township area, and four industrial bases with special characteristics in Huarixi, Ximeizhu, Xiapu, Xianggang, and Meixi Asi as an asbestos. At present, according to the planning and high standard of the infrastructure construction, industrial gathering base basically realize access, water, electricity, communications, etc., to improve the investment environment, the base has attracted more than 30 enterprises settled, is applying for more than 50 settled.
Tertiary industry Simapu town tertiary industry development rapidly, especially the hotel catering services to take full advantage of the superior transportation and geographic conditions and booming development, the town has a Longteng Hotel (is declared four-star), Tianma Hotel (three-star) and other hotels, hotels, not only to improve the business environment and the living environment, but also to improve the visibility of Simapu, enhance the attractiveness of investment, for the Domestic and foreign businessmen to negotiate investment, leisure and entertainment to provide an ideal place. At the same time, Sima Pu town to increase the pace of market construction of various types of industrial products, transformation and development of the Golden Horse shopping malls, East Market, West Market, the United States, West Pajamas Wholesale Market and Agricultural Market, under the store vegetable wholesale market and other business infrastructure to facilitate the domestic and foreign merchants to come to purchase industrial products, and promote the development of the local economy.