Since China’s reform and opening up，the reform of state-owned enterprises（SOE） in Shanghai has gone through a journey of more than 30 years，although it has made remarkable achievement，there are still many factors to hinder the further development of SOE in Shanghai. The Third Plenary Session of the 18^th CPC Central Committee deepen the reform of SOE once again. As a leading city which has many SOE，Shanghai took the powerful attempt of reform of SOE，which will set a good example to other cities of the country. In order to improve the vitality and competitiveness of SOE，Shanghai proposed that vigorously developing the mixed ownership，the implementation of classification regulation，optimizing the layout of state-owned assets structure，implementing the internationalization strategy and the long-term incentive to SOE’s leaders. The series of attempts and innovations promote the development of SOE in Shanghai，but also provide experience for the rest of our country’s reform of SOE.