Concierge.com's insider take:
The cobblestone streets of Xintiandi, a preserved neighborhood–turned–outdoor mall, are lined with upscale restaurants, bars, and, above all, an abundance of chic stores. The development revamped old stone shikumen town houses, the abundance of expats and Western-style eateries can sometimes make Xintiandi feel like suburban California. Ground yourself with a stop at the on-site minimuseum, which portrays life in a typical shikumen house during the early 20th century. After selecting a souvenir or two from the gift store, head to Shanghai Tang for a wide assortment of China chic, including qipao dresses in bright modern palettes and melamine plates with pop-art renderings of iconic Chinese images. You'll find chinoiserie and unique porcelain sets at Simply Life, which does dishes in swirls of imperial yellow or with painted peonies. For dainty silk accessories and slick pajamas, try Annabel Lee.