At present, Yangjiang is making every effort to build an important strategic fulcrum of the coastal economic belt, livable and suitable for modern coastal cities, and vigorously develop modern industries, especially to build a 100 billion-level alloy material industry cluster, and build a world-class wind power industry base, and to be a clean energy base, establishing the city's new "business card" such as the condiment capital of China, vigorously cultivates over 500 billion or even 100 billion yuan of advantageous industrial clusters such as hardware knife and scissors, power energy, high-end stainless steel, advanced equipment manufacturing, and food processing.
Hardware knife and scissors industry is the most characteristic traditional advantage industry in Yangjiang. It is China's top 100 industrial cluster with a long history of more than 1400 years. More than 1,500 enterprises have an output value of RMB 55 billion , accounting for 70% of the country's total output and 85% of the country's total export ; It commands power resource such as nuclear power, thermal power, hydropower and solar photovoltaic power generation, at the current, it has installed power equipment with a capacity of 9.2 million kilowatts, which will be expanded and exceed 20 million kilowatts by the end of 2020; It has more than 300 production enterprises in clothes manufacturing, with total employees of more than 100,000 people, annual output of trousers exceeds 80 million; in addition, Yangjiang has rich tourism resources. The main tourist attractions include Zhapo Dajiao Bay, Hailing Island, Yangchun Lingyanyan and Bajia Scenic Area. In 2018, the city received the total number of tourist exceeding 23 million.