Yueyang is located at the confluence of Dongting Lake and the Yangtze River, Yueyang is an important city open to foreign investment.
The city has convenient transport. The railway between Beijing and Guangzhou, the expressway from Beijing to Zhuzhou and the No.107 national highway run from north to south through Yueyang. The Yangtze River flows through the city from west to east. The new Dongting lake bridge and the Yangtze River bridge at Jingzhou connect the city with the western part of Hubei Province and the eastern part of Chongqing Municipality. Chenglingji is the city¡¯s natural harbor on the river.
Yueyang is a newly rising industrial city, with the production of petrochemicals as its leading industry. There are now five other pillar industries in the city¡ªfeed grains, pharmaceuticals, textiles, building materials and paper making. Yueyang¡¯s principal economic indices rank second in the province. By the end of 2002, there were 821 approved projects using foreign investment. Shell from the Netherlands, Mitsubishi from Japan and five other foreign companies from among the world¡¯s 500 leading enterprises have invested in the city.
It is also a 2,500-year-old cultural city. Its lovely scenery and cluster of places of historical interest draw large numbers of Chinese and overseas tourists every year.