Nangong city has made every effort to implement the strategy of breaking through characteristic industries, and vigorously supported the original advantageous industries such as sheep shearing and felt by building parks, leading enterprises, inviting merchants and projects, so as to develop the largest sheep shearing and felt industry processing base in Asia. After being awarded the title of "China famous city of sheep shearing felt" by China Textile Industry Association, it was recently named as "Hebei Province sheep shearing characteristic industrial base".
The city has 1960 sheep shearing and processing enterprises, with more than 20000 employees. Its products include more than 200 varieties of ten series, with an annual output value of 1.5 billion yuan and a foreign exchange earning of 180 million US dollars. Its products are exported to more than 20 countries and regions in Europe, North America, Southeast Asia, and the export volume accounts for about 50% of the same products in the country.