Water vapor, as one of the most important greenhouse gases, is crucial for both climate and atmospheric studies. Considering the high spatial and temporal variations of water vapor, a timely and accurate retrieval of precipitable water vapor (PWV) is urgently needed, but has long been constrained by data availability. Our study derived the vertically integrated precipitable water vapor over eastern China using Multi-functional Transport Satellite (MTSAT) data, which is in geostationary orbit with high temporal resolution. The missing pixels caused by cloud contamination were reconstructed using an Empirical Orthogonal Function (EOF) decomposition method over both spatial and temporal dimensions. GPS meteorology data were used to validate the retrieval and the reconstructed results. The diurnal variation of PWV over eastern China was analyzed using harmonic analysis, which indicates that the reconstructed PWV data can depict the diurnal cycle of PWV caused by evapotranspiration and local thermal circulation.