Yuyao is a famous cultural city with a long history, located in the forward position of coastal reform and opening-up. Yuyao become a county in Qin dynasty, has the name of "a celebrated place of outstanding personages and cultural legacies" and "the most county in the Southeast China". The discovery of the Hemudu Ruin in the city dated back 7,000 years advanced the history of Chinese nation for nearly 2,000 years. Yuyao is a place of celebrities, such as Yan Ziling, a senior scholar in East Han Dynasty, Wang Yangming, a philosopher and educator in Ming Dynasty, historian Huang Zongxi, Zhu Shunshui, a culture exchange envoy between China and Japan, etc. They enjoy great prestige both at home and abroad. Yuyao is located in the east of Zhejiang province, south of Yangzi Delta, bordering to the Hangzhou Bay in the north, Shaoxing in the west and Ningbo Port in the east. Yuyao is a part of Shanghai economic zone, covers 1,527 square meters of land, with a population of 850,000. It has advantageous geographical location and convenient traffic. Hang-Yong Railway, 329 State highway, Hu-Hang-Yong expressway pass through the city. It takes less than half an hour drive to Ningbo, one hour to Hangzhou, two and a half hours to Shanghai. The Hangzhou Bay passage, which is now under construction, expected to be accomplished in 2006. In that case, the distance between Yuyao and Shanghai will reduce 130 km. Ningbo Port, only 70 km from Yuyao, is one of the four most important deep-water ports in China. The sea service is now available between Ningbo and 483 ports of 93 countries and regions. The unique geographical location and convenient traffic made Yuyao an ideal place for economic development and cultural tourism. It is welcomed by foreign investors and has become one of the largest Taiwanese investment regions in the country.