Modern Dongyang in Zhejiang is famous for two things:
东阳木雕 (Dōngyáng mùdiāo, 'Dongyang wood carving'), one of China's four great wood-carving traditions; and
横店影视城 (Héngdiàn Yǐngshì Chéng, 'Hengdian World Studios') — the world's largest outdoor film-set complex, where most Chinese period dramas are shot. The name literally means 'east of the sun' (
东 east +
阳 sun-side / south of mountain).