Haiyang Town is located in the center of China's four ocean fishing grounds, with vast sea area, clean water quality, rich bait and rich fish resources. It is also one of the main producing areas of marine treasures in China, rich in sea cucumbers, abalone, scallops, sea urchins, snails, clams and other marine treasures. Industries are mainly concentrated in offshore fishing, floating raft culture, fry culture, live fish culture, bottom sowing proliferation and aquatic product processing. Scallop, six-line fish and other aquatic products are exported to Japan, South Korea, Southeast Asia and other countries and regions.

In recent years, the party committee and government of Haiyang Town have adhered to the concept of building a beautiful and rich garden-style island, given full play to the advantages of being located in the fishing ground of the island, promoted the township by the sea, deepened the reform of property rights system, optimized the industrial product structure, vigorously developed fishery and mariculture, and constantly accelerated the pace of small town construction, thus continuously improving the total economic output and people's living standards of the township. In 2004, the township achieved a total social income of 270 million yuan, with a per capita income of 65.438+200,000 yuan. Culture, education, medical care and other undertakings have developed healthily, with a kindergarten, a primary school and a junior high school, with a total teaching area of 1 10,000 square meters. Central hospital has entered the ranks of municipal hospitals. The island has convenient transportation, dense road network and frequent exchanges between the island and the land. The route from Dalian Port to Haiyang Town has been opened, with high-speed passenger ships going back and forth every day. The penetration rate of cable TV and program-controlled telephones in the township has reached over 99%.