Tai Po was once an important pearling cove, ranking equal with another major pearling area in Guangdong Province. Forming a large natural pool with the surrounding islets, it is also known as the "Tiny Pearl Pool". Decades ago, Tai Po was home to many fishermen. The name Tai Po came from an old folk habit. In the old days, wild animals roamed in the dense forests of the area. To keep themselves from harm, villagers would move in big strides (tai po in Cantonese) when they passed through the forests.
Today, pearls are no longer farmed in Tai Po, nor are there any wild predators. Modern-day Tai Po is a bustling new town.