The street vending economy is an economic form where vendors operate stalls on urban streets to earn income and it has promising development prospects. Low cost and high return are the characteristics of this economic form, and vendors can independently choose the goods or services to operate. With the upgrading of consumption trends and the increase in personalized demand, it has alleviated the employment pressure to a certain extent, raised residents’ income, and injected new vitality into the city. The street vending economy not only reflects the hustle and bustle of a city, but also serves as a window to demonstrate the capabilities and level of the comprehensive governance.