New retailing，as a new product of digital economy，not only can meet people’s ever-growing demand for a better life，but also can reinvigorate high-quality economic development and help to upgrade consumption，industry and innovation. New retailing can serve as a central node of building major domestic circle for Shanghai and an important foothold for the strategic linkage of circulation both domestically and internationally. Focusing on the overall goal of high-quality economic development and based on the case study about Hema，this report summarizes the status and characteristics from five aspects including the new consumption，new techonology，new format，new epidemic，and new environment，analyses the path mechanism of boosting high-quality development through new retailing from five perspectives including quality management，brand construction，three rural issues，manufacture upgrade and employment security，and elaborates the growing trend of new retailing from four aspects including the change of production center，diversification of business types，integration of online and offline，and depth of new technology application. Finally，the report proposes suggestions for the development of Shanghai new retailing from the six perspectives including the plan of specific demonstration，construction of application scenarios，creation of supply chains，supply of new infrastructure，policy of employment，and mechanism of supervision.