Peony began in the Sui Dynasty and enjoyed a high reputation in the Tang Dynasty. It became famous in the Song Dynasty. Peony flowers are elegant and magnificent, and are known as "national beauty and fragrance" and "king of flowers". Peony bark can be used as medicine, and petals can be used to make wine. At present, there are four major peony producing areas in China, namely Heze, Shandong (known as the hometown of peony), Luoyang, Henan, Pengzhou, Sichuan and Bozhou, Anhui, among which Luoyang peony has the most diverse varieties, the richest colors and the widest planting area.

Peony not only has ornamental value, but also has high health care, beauty and medicinal value. "Shennong Materia Medica Classic" lists peony as a "national product", "removing blood stasis and protecting the five internal organs"; There are as many as 22 kinds of peony prescriptions in Huatuo Shenyi Secret Recipe. Its beauty preservation value was recorded in Qunfangpu and Yang Yanlu in Qing Dynasty. According to other pharmacopoeia records and modern chemical analysis, peony petals, pollen and seeds are rich in vitamins, enzymes, sugars and flavonoids, 8 kinds of amino acids, 7 kinds of macroelements and 8 kinds of trace elements necessary for human body, which have the functions of preventing cancer and reducing blood fat. Petals from semi-flowering to flowering are used to make peony essential oil. 1 kg peony essential oil uses 6000 kg petals, and the price per kg peony essential oil is 1.2 million yuan-1.5 million yuan.