According to Xicai.com, Hohhot is an important node city of the Belt and Road and the China-Mongolia-Russia Economic Corridor. It has formed six major industrial clusters of green agricultural and livestock product processing, clean energy, modern chemical industry, new materials and modern equipment manufacturing, biomedicine, and electronic information technology. It has two of the world's top ten dairy companies - Yili and Mengniu, and is known as the "Dairy Capital of China". Helinger New District is the core area of China's only comprehensive pilot area for the integrated development of big data infrastructure.

In 2022, Hohhot's gross regional product will be 332.91 billion yuan, with per capita GDP reaching 94,443 yuan. The ratio of the three industries will be 4.8:34.7:60.5.