Zhaiwang Town, belonging to Yangxin County, Binzhou City, Shandong Province, is located in the central slightly southwest of Yangxin County, east of the river town border, south of Huimin County, Hefang Street, west of Liupaowu Town, north of Jinyang Street. The area covers 66.96 square kilometers. As of the end of 2018, Zhaiwang Town had a household population of 39,579. In April 1958, it was reestablished as Zhaiwang Commune.In May 1964, it was reestablished as Zhaiwang District.In December 1970, it was reestablished as Zhaiwang Commune.In March 1984, it was reestablished as Zhaiwang Township.In April 1995, it was abolished as Zhaiwang Town. As of June 2020, Zhaiwang Town has 89 administrative villages under its jurisdiction. As of the end of 2018, Zhaiwang Town had 440 industrial enterprises, including 10 industrial enterprises above scale, and 69 general stores or supermarkets with business area over 50 square meters.