Zhejiang (help·info), formerly romanized as Chekiang, is an eastern coastal province of China. Zhejiang is bordered by Jiangsu province and Shanghai municipality to the north, Anhui province to the northwest, Jiangxi province to the west, and Fujian province to the south; to the east is the East China Sea, beyond which lie the Ryukyu Islands of Japan. 

The province's name derives from the Zhe River (浙江, Zhè Jiāng), the former name of the Qiantang River which flows past Hangzhou and whose mouth forms Hangzhou Bay. It is usually glossed as meaning "Crooked" or "Bent River", from the meaning of Chinese 折, but is more likely a phono-semantic compound formed from adding 氵 (the "water" radical used for river names) to phonetic 折 (pinyin zhé but reconstructed Old Chinese *tet), preserving a proto-Wu name of the local Yue, similar to Yuhang, Kuaiji, and Jiang. 

Zhejiang was the site of the Neolithic cultures of the Hemudu and Liangzhu. A 2007 analysis of the DNA recovered from human remains in the archeological sites of prehistoric peoples along the Yangtze River shows high frequencies of haplogroup O1 in the Liangzhu culture, linking them to Austronesian and Tai-Kadai peoples.
What is the name of it derived from?
The province's name derives from the Zhe River