On April 18th 1990,Premier Lipeng announced that the Central Committee and the State Council approved Shanghai to speed up the development of Pudong New Area,by using policies of economic-technological development areas and some special economic zones for Pudong.Since then,Pudong New Area stepped into a new era.During the last two decades,Pudong’s development was not only gave birth to the “Pudong Model” and made this land a hot spot for global investment,but also played an important role in connecting domestic and international market,promoting the process of Shanghai’s industrial transformation and lifting the reform and opening-up of Yangtze River Delta and the whole country.This paper mainly presents the basic model,essential features and effects of Pudong Development and Opening up.