Caoqiao street is located in the southwest of Pinghu City, as a modern economically strong street with obvious industrial characteristic advantages, Caoqiao street has been rated as China packing board manufacturing base, and awarded the honour of Zhejiang Ecological Street, Jiangxing Pingan Street，Jiaxing Civilized Street, Jiaxing Beauty Rural Reconstruction Advanced Town etc.

Caoqiao Industrial Park is a transformation and upgrading first-grade park in Jiaxing City. At present, the entire industrial park has completed the ISO14000 environmental system certification. Supporting facilities of“seven accesses and site leveling” have put in place, including power supply, sewage, rain and sewage, running water, park road, street lamp, greening, etc. , and the industrial platform has superior transportation advantages, each plot in the platform is no more than 5 minutes from the expressway. Four major industries have formed in the park, including high-end equipment manufacturing, new energy, non-woven, and digital economy, focusing on the development of high-end equipment manufacturing, non-woven industry and digital economy industry. In 2018, 58 above-scale industrial enterprises in Caoqiao street achieved an output value of 13 billion yuan.