Xinzheng has a diversified economy, though agriculture and heavy industry dominate the economic landscape.
Agriculture Xinzheng's agriculture involves the cultivation of
maize,
cotton,
tobacco and other industrial crops. The city is well known for its
jujube or Chinese Date. At harvest time, large quantities of these fruits are sold in markets, as well as on the side of the roads into the town.
Industry Xinzheng is home to several industrial factories, namely cigarette factories, which are located near the center of town. In 2006, more than US$2 billion was invested in a nearby industrial project, although the status of this investment is currently unknown. Mining coal locally has also been an important source of income.
Impact of educational institutions Two large private universities, ShengDa University and
Sias International University play a major role in the local economy as well. ShengDa has 14,000 students, However, many of these guests find accommodations in nearby Zhengzhou, and the economic impact to the city is minimal. Xinzheng is said to be an 'open-air' museum, and the nearby Shizu mountain is said to be the exact birthplace of the Yellow Emperor. The Zhengzhou Dragon realization company began construction at the turn of the 21st century of a large concrete dragon that would straddle the mountain. A giant
dragon was being constructed by private investors near the city out of
concrete and
marble with a 29.9m tall head and a body that would have stretched along the ridge line of Shizu Mountain. The hollow body of the dragon was slated to be 9m high and 6m wide and would have contained a
light rail system along with facilities for sight seeing and leisure, such as shops, restaurants and luxury clubs. However, lack of funding, and a general lack of interest, left the project unfinished. ==Transportation==