Pinghu, a county-level city under the jurisdiction of Zhejiang Province, is managed by Jiaxing City. It is located in the north of Zhejiang Province, at the eastern end of the Hangjiahu Plain, bordering Hangzhou Bay in the south, Jinshan District in the northeast, Nanhu District in the west, Haiyan County in the southwest, and Jiashan County in the northwest, with a total area of 554.4 square kilometers. As of October 2021, Pinghu City has 3 streets and 6 towns under its jurisdiction. In 2021, Pinghu will have a permanent population of 683500 and a total registered residence population of 513000. The municipal people's government is located at No. 380, Shengli Road, Danghu Street.

Pinghu Lake is named Pinghu Lake because it was sunk into Danghu Lake in the Han Dynasty. In the Ming Dynasty, Pinghu County was located in the northeast of Haiyan County. In 1983, Jiaxing was abolished and Pinghu County was under Jiaxing City. In 1991, Pinghu County was abolished and Pinghu City was established. It is a national civilized city and one of the first pilot areas for high-quality development and construction of common prosperity in Zhejiang.

In 2021, Pinghu's GDP will reach 90.75 billion yuan, an increase of 9.2% over the previous year. The added value of the primary industry is 1.51 billion yuan, and the added value of the secondary industry is 54.83 billion yuan; The added value of the tertiary industry is 34.41 billion yuan, and the ratio of the tertiary industry structure is 1.7:60.4:37.9.