Since novel coronavirus pneumonia and the global economic fluctuation since 2020，the international situation is undergoing profound changes. The world is undergoing a great change in the past century. In 2020，Fengxian’s economy will fully accelerate its recovery，and its economic growth will be full of resilience. Specifically，agricultural output value further narrowed，and strategic emerging industries took the lead in restoring growth；Financial funds are relatively tight，and housing security is gradually improved. Combined with the international and domestic economic situation，it is expected that the economic growth rate of Fengxian District will continue to maintain growth trend as the third quarter in the fourth quarter of 2020 and achieve a small growth in the whole year. However，due to the repeated international epidemic situation，the aggravation of the downward risk of the world economy，the rise of the anti-globalization trend and other factors，the risk of external uncertainty has increased，and the foundation for the upward development of Fengxian District’s economy still needs to be consolidated. In the future，Fengxian needs to guard against the risk of population aging and accelerate the digital transformation of the city in the future when the impact of the global epidemic situation is superimposed on the national trade environment changes. It is suggested that Fengxian seize the new opportunity of “Future Space” development in South Shanghai，continue to strengthen and expand the “Oriental Beauty Valley” industry，and continuously enhance the innovation vitality of small and medium-sized enterprises. By expanding the scale of effective investment，boosting consumer confidence，and promoting the integrated development of business，tourism and culture，Fengxian’s economy will be boosted to cultivate new opportunities in the crisis and start a new situation in the changing situation.