As China's largest city best known for its pre-eminent achievements in the early part of the twentieth century, Shanghai grew modestly in comparison with southern China after the adoption of China's open policy in 1978. With the 1990 announcement of Pudong as an area for special development, Shanghai has raced ahead, seemingly on its way to an economic and cultural resurgence that is likely to accelerate development and modernization in the Yangzi Delta and China at large. This volume focuses on the physical and socioeconomic transformation of Shanghai across a wide range of topics. Drawing on the experience and expertise of researchers primarily in Hong Kong, this study is a major contribution to the subject of economic development and social change in China. It seeks to understand, analyze and interpret how Shanghai has transformed itself in recent years.