The agriculture in Zhouwangmiao Town is mainly sericulture, and the breeding of special varieties such as broilers, flower seedlings and special aquatic products has developed rapidly. It is an important production and marketing base of high-quality mulberry seedlings and cocoons in China and a pollution-free broiler breeding base in Zhejiang Province. Annual breeding of 654.38 billion mulberry seedlings, cocoon production of 5000 tons. The registered "Wang Miao" brand mulberry seedlings are exported to all parts of China and exported to South Korea and other countries because of their developed roots and excellent quality. It has been awarded "Zhejiang High-quality Mulberry Seedling Breeding Demonstration Base" by Zhejiang Agriculture Department, and "Zhejiang High-quality Mulberry New Variety and New Technology Promotion Center" by Zhejiang Academy of Agricultural Sciences, thus becoming a veritable "First sericulture town in China". "Chaoxiang" brand broilers were rated as green agricultural products in Zhejiang Province. Zhejiang He Sen Seed Industry Company invested 24 million yuan to build a 540-mu high-tech flower and seedling base, which became a model of benefit agriculture.

Zhouwangmiao Town has always been an important sericulture production base in Haining and even in Zhejiang Province. Planting mulberry and sericulture is an important traditional industry in this town, and it is also an important source of agricultural economic income for farmers in this town. The town has planted 8,500 mu of mulberry fields, with 35,000 silkworm eggs every year. In the highest year, the total output of cocoon reached10.5 million tons. As a traditional cash crop in Zhouwangmiao Town, the annual planting area is more than 5,000 mu. Due to the strong market demand, the area of mulberry seedlings reached 1 10,000 mu in 2006. The small mulberry seedlings grafted in Zhouwangmiao Town have been listed as "disease-free seedling base" and "improved seedling base" by the relevant departments of Zhejiang Province. The varieties are Nongsang No.8, Nongsang 12, Nongsang 14, pointed lotus leaf white, Haining mulberry and Shengdong 1. The small mulberry seedlings in Zhouwang Temple have excellent quality and good market reputation. In June, 20001year, it was named as the only "Zhejiang high-quality mulberry seedling breeding base" by the Agriculture Bureau of Zhejiang Provincial Department of Agriculture. In addition, Zhouwangmiao Town can also provide agricultural and sideline products such as vegetable sheep, pigs, bullfrogs, black-bone chicken and aloe.

The town's industrial economy is dominated by leather and leather products and enjoys the reputation of "the hometown of leather". In 2000, the total output value of leather industry reached more than 2.2 billion yuan, accounting for more than a quarter of the total leather industry in Haining, and the export of leather products reached 695 million yuan. Formed a series of products focusing on tanning, clothing, wallet, luggage and leather, which are exported to European and American markets. Zhouwangmiao Town makes full use of the advantages of talents, industry, market and agglomeration to continuously develop and expand the leather industry, and a number of well-known enterprises such as Zhejiang Fubang Group and Zhejiang Brother Chemical Co., Ltd. have emerged. Zhouwangmiao Town was recognized as "the first town in china leather" by the State Light Industry Bureau. At the same time, through the continuous improvement of the leather industry chain, emerging industries such as textiles and chemicals have been developed.