On May 27, 1949, under the leadership of the Party Central Committee, the difficult "Shanghai Battle" came to an end and Shanghai was liberated. According to the decision of the Party Central Committee, Mayor Chen Yi led Zeng Shan, Pan Hannian and other party, government and military leaders, as well as thousands of cadres trained in Danyang, to fully take over Shanghai, thus starting the journey of building an economic megacity under the leadership of the Communist Party of China. Under the central government's strategic guidance on war, diplomacy, economy, finance and other fronts, and in the coordinated operation of a national game of chess, Chen Yi and other Shanghai leaders led the cadres and the masses to move forward in a difficult situation of complexity and lack of supplies. They rushed to the front line to resist the typhoon disaster, smashed financial speculation with an iron fist, boldly improved production and operation methods, strategized to win the "War of Grain and Cotton", solved the "big bombing" danger, defused the "April Crisis", repaired the airport for Shanghai's air defense construction, etc., and finally completed the important economic construction and big city management tasks assigned by the Party Central Committee that "the whole country supports Shanghai, and Shanghai supports the whole country".
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