Shenzhen Special Economic Zone constantly describes the modern miracle of urban construction and development，and the growing experience of the past thirty years has provided a rich experience for the reform of other regions，also in the future it will continue to assume the historical mission as the test field and demonstration window of deepening reform and the transition of the national economy. The result shows that，unbalanced development，growth competition and active integration into the world division of labor have co-created Shenzhen miracle，and adaptive institutional change has guaranteed that Shenzhen can seize the historical opportunities and is also the key factor of the future transformation of Shenzhen. Shenzhen’s sustainable economic growth lies in that the most extensive market participants and factor owners are encouraged and guaranteed to take part in industrial division so as to form participatory development，therefore，the initiative，creativity and heterogeneity of people become prominent and get assured，and the people are encouraged to upgrade their self-esteem.