Liyu Town, belonging to Pingyi County, Linyi City, Shandong Province, is located in the central and western part of Pingyi County, neighboring Tongshi Town in the east, Zhengcheng Town in the south, Linjian Town in the west, and Fengyang and Pingyi Towns in the north, with an administrative area of 104.48 square kilometers. As of the end of 2019, Liyu Town has a household population of 55,798.
Liyu Township was formerly known as Liyu Township; in 1996, the township was abolished and Liyu Township was established; in 2000, Tangcunling Township was abolished and 21 villages under its jurisdiction were assigned to the jurisdiction of Liyu Township. As of June 2020, Liyu Town has 2 communities and 37 administrative villages under its jurisdiction.
In 2019, Liyu Town has 77 comprehensive stores or supermarkets with business area over 50 square meters.