The Yangtze River is one of the largest riverine ecosystems in the world and is a biodiversity hotspot. In recent years, this river ecosystem has undergone rapid habitat deterioration due to anthropogenic disturbances, leading to a decrease in freshwater biodiversity. Owing to these anthropogenic impacts, the Chinese government imposed a “Ten‐year fishing ban” (TYFB) in the Yangtze River and its tributaries. Ecological changes associated with this decision have not been documented to evaluate the level of success. This study evaluates the success of the TYFB by analyzing the changes in phytoplankton communities and comparing them to periods before the TYFB was imposed. A total of 325 phytoplankton species belonging to 7 phyla and 103 genera dominated by Chlorophyceae and Bacillariophyceae were identified. Species diversity according to the Shannon–Wiener ranged between 1.19 and 3.00. The results indicated that phytoplankton diversity increased, while both density and biomass decreased after the TYFB. The health of the aquatic ecosystem appeared to have improved after the TYFB, as indicated by the phytoplankton‐based index of biotic integrity. Significant seasonal and spatial differences were found among the number of species, density, and biomass of phytoplankton, where these differences were correlated with pH, water depth, chlorophyll‐a, permanganate index, transparency, copper, ammonia nitrogen, and total phosphorus based on redundancy analysis. Results from this study indicate that the TYFB played an important role in the restoration of freshwater ecosystem in the Yangtze River and its tributaries.