It is reported that some villagers can earn over 100 yuan per day making lanterns, resulting in an annual income of nearly 40,000 yuan. Many villagers have built two-story houses and can afford to purchase cars.

Yangzhao's lanterns were once presented to the imperial court as decorative items. Leveraging traditional production techniques, the village primarily manufactures plush lanterns and traditional palace lanterns, which are exported across the country and overseas. The 1.2-meter-diameter plush lantern is the best-selling item. Adorned with auspicious patterns such as peonies and phrases such as "surplus every year", it embodies people's fervent hopes for a better life.