Since the reform and opening up, the economy of Xiliu Town has developed rapidly, driven by the leading industry dominated by the Xiliu garment market. In 1998, the town's total social output value was 5.39 billion yuan, and the town's fiscal revenue was 130 million yuan. In June 1995, Xiliu Town was designated as a national small town comprehensive reform pilot town by 11 ministries and commissions including the National Restructuring Commission, and was also rated as an advanced town in small town construction by the Ministry of Construction. A new town with supporting facilities, complete functions and strong radiation has been formed.

Xiliu Town is an "emerald" embedded in southern Liaoning. It is not only a good place for tourism and shopping, but also an ideal place for people of insight at home and abroad to invest in setting up factories and display their ambitions.

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Xiliu China Trade City was established in 2009

Xiliu China Trade City has a total planned area of ??800 acres and a construction area of ??1.5 million square meters. Xiliu China Trade City (Phase I) is located in Xiliu, Haicheng City. The south side of the town's clothing market (the location of the original Xiliu Clothing Market Square) is adjacent to the Xiliu Clothing Wholesale Market to the north, the Xiliu Town cross-street overpass to the south, Shangcheng East Road to the east, and Shangcheng West Road to the west. The total area of ??the first phase is 67,000 square meters, with a total construction area of ??216,000 square meters. The total investment is 1 billion yuan. Among them, the two buildings A and B under construction will have more than 4,000 shops. After completion, it will become the largest in Northeast China with advanced hardware facilities and business operations. It is a modern trade city with a first-class environment, complete product categories, and complete service functions, integrating exhibitions and trade, commercial and residential, office, catering, hotels, parking, warehousing, e-commerce, and new product launches.

The Xiliu International Trade Market Cluster of the Xiliu East District Market Cluster was established in 2010

The project is developed and constructed by Liaoning Yuanzhong Commercial Investment Co., Ltd. The project has a planned land area of ??800,000 square meters, a construction area of ??1.6 million square meters, and an investment amount of 800,000 square meters. 8 billion yuan. It mainly builds professional market malls for leather and fur, woolen sweaters, etc., and also builds commercial supporting facilities such as commercial plazas, commercial and residential apartments, brand hotels, food streets, and leisure culture. It will be put into operation in September 2013.