近代的上海，十里洋場，自開埠以來，固然有許多辛酸的不平等的血淚史，固然有許多污泥濁水，這裏被稱爲是"冒險家的.樂園"，這裏有鴉 片，有蕩 婦，有賭棍，使人紙醉金迷，乃至使人墮落。可是，上海這座近代大城市卻更有它的另一面，它有活力、它聰慧、革新、進取，它敢於擔風險，有競爭意識及機制，這種城市意識或風格，使人奮發，跟上時代，走向進步。
(參考譯文)
In the contemporary period, Shanghai as a metropolis infested by foreign adventurers has indeed recorded, since the opening of its commercial port, a bitter, blood-and-tear history of many miseries and inequalities. Referred to as the Paradise of Adventurers, Shanghai was indeed home to "human sludge and filth" where one could find opium, dissolute women and gamblers. It was a place that made people indulge in luxury and dissipation and given to sensuous pleasures, even inducing people to become degenerate. However, there is a different and more important picture of Shanghai as a modern metropolis. It has been full of vitality and vigor, displaying its unique intelligence and wisdom, characterized by an innovative and enterprising spirit. It has the courage to assume risks and is in possession of both the awareness and the mechanism of competition. Such a metropolitan mentality or style inspires its residents, encouraging them to keep abreast with the changing epochs and to make efforts toward greater progress.
