Yuyao is a famous historical culture city in Zhejiang province, the world famous Hemudu ruin was found in this region, therefore Yuyao becomes one of the cradles of Chinese nation. Yuyao became a county in Qin Dynasty, with centuries-old history and splendid culture, and a great number of ancient celebrities came forth one after another, thus Yuyao has the title of "the most county in the Southeast China", "a celebrated place of outstanding personages and cultural legacies" and "Yaojiang people are the best under heaven".

Yuyao's economy is very developed and is abundant in products. It is one of important grain and cotton production bases of Zhejiang. It is awarded series titles including "hometown of red bayberry in China", "hometown of pickled mustard tuber in China", "hometown of wild rice stem in China", "hometown of sweet pear in China" and "hometown of maple in China".

Yuyao has solid of industrial foundations, occurs famous Chinese name brand products repeatedly such as Yuli, Shuaikang lampblack cleaner, Fuda cleaner, etc. It is always put in the ranks of the top 100 counties in the country and top ten counties in Zhejiang. Yuyao and foundations. 

Yuyao enjoys the reputation of "Kingdom of plastics" and "Hometown of mould". China Plastics City is the largest professional plastics trade market and the biggest production of means market in Zhejiang. The nearby China Light Industrial Mould City, is also an integral center of mould processing and mould material transaction. The two trade cities are very active and blooming, make Yuyao one of the state large markets. Zhejiang Far East Industrial City is located in Yuyao Economic Development Zone, is an important region opening to the outside world. The joint development of the three  cities impels the whole plastics chain of Yuyao to the top. In 2002,the gross domestic product(GDP) of the city arrived at 18.5 billion yuan,Local fiscal revenue reached 1.83billion yuan,which helped Yuyao to become one of the top 30 among more than 2,000 counties in the comperhensive econormic power.

In the new century, 860,000 Yuyao people are painting their magnanimous blueprint, the city is changing with each passing day, investment environment tends to more superior, and social causes at all aspects are developing completely. A modernized medium city blended with historical culture and modern civilization is rapidly growing up.