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Edition: U.S. Article Comments (0) Full Focus Editor's choice A selection of our top photos from the past 24 hours. Full Article Follow Reuters Facebook Twitter RSS YouTube Read UPDATE 1-Los Alamos scurries to protect nuclear lab from fire 28 Jun 2011 Judge blocks testimony from Casey Anthony fiancé 28 Jun 2011 Mel Gibson reaches divorce deal with longtime wife | 28 Jun 2011 BofA near $8.5 billion settlement on securities 28 Jun 2011 Special Report: A little house of secrets on the Great Plains | 28 Jun 2011 Discussed 221 Biden deficit-cut talks hit impasse: Rep. Cantor 139 CBO sees government benefits swamping U.S. economy 114 Fragile economy pushed Obama to tap oil reserves Watched A Tokyo-Paris flight in under three hours on the horizon Fri, Jun 24 2011 Hefner's revenge; Ryan Reynolds stops traffic Fri, Jun 17 2011 China's luxury fast train debuts Mon, Jun 27 2011 Chinese communist site now a bastion for capitalism Tweet Share this Email Print Related News Special Report:China migrant unrest exposes generation faultline Tue, Jun 28 2011 China premier's call for reform draws accolades and barbs Tue, Jun 28 2011 Analysis: China carrier will add to tensions but no threat yet Tue, Jun 28 2011 Bachmann launches 2012 presidential bid Mon, Jun 27 2011 Prominent Chinese dissident freed from jail Sun, Jun 26 2011 Analysis & Opinion Freedom — with Chinese characteristics Does Pelosi want a debt ceiling crisis? Related Topics World » China » Visitors pose for a picture with a Communist flag at the Museum of the First National Congress of the Chinese Communist Party in Shanghai June 23, 2011. Picture taken June 23. Credit: Reuters/Carlos Barria By Jacqueline Wong SHANGHAI | Wed Jun 29, 2011 2:55am EDT SHANGHAI (Reuters) - The grey brick building where China's Communist Party held its first congress 90 years ago in the glitzy former French Concession area of Shanghai doesn't betray any trace of its peasant-proletariat past. Instead, the memorial site, thronged by busloads of party cadres to mark the anniversary of the founding of the party on Friday, sits in the shadows of Shanghai's fashionable tourist enclave of Xintiandi, a potent symbol of China's growing wealth and entrepreneurial brand of socialism. Xintiandi, which means New Heaven and Earth in Chinese, is among the priciest pieces of real estate in China's financial capital. Until the 1990s, the area consisted of low-rise "Shikumen" or typical Shanghai stone-arched gate houses in narrow alleys. Today, the heritage buildings have been conserved and the neighborhood transformed into an affluent playground of trendy restaurants, bars and boutiques. "Xintiandi is emblematic of what China represents today, entrepreneur-based and ruled by a Communist doctrine. It seems to work pretty well," said architect Benjamine Wood, who designed Xintiandi with Nikken Sekkei International. COMMUNIST SHOWPIECE Sandwiched in the middle of Xintiandi, the museum of the First National Congress of the Communist Party of China (CPC) is itself a showpiece of how far China has progressed in its economic transformation. The museum showcases years of struggle of the CPC led by Mao Zedong through its hundreds of revolutionary relics, documents and photos. A waxworks hall reproduces the scene of the historic first political meeting. On July, 1921, thirteen members held their first national congress of the CPC to mark the birth of the party. Few at the museum interviewed on a recent afternoon seemed bothered by the apparent contradiction of a Communist icon residing in one of Shanghai's most capitalist districts. "Capitalism is just a way for the economy, while Communism is political. Economics and politics are not opposite. A Communist country can also develop a capitalist economy," said Fu Songtang, a Communist Party member, 47, from Jilin province. Fu said the museum's proximity to Xintiandi reflects the successful leadership of the Communist Party. In the lead-up to the 90th anniversary celebrations marking the founding of the CPC, convoys of tour buses brought Chinese tourists from outlying provinces to the site to pay homage. Long lines of tourists, many affiliated to the CPC, posed for photographs with the red Communist Party flag. Leading a big group of government officials from Guangdong province was tour guide, Gu Yi, 37. He said that when Hong Kong's Shui On Land bought the old houses for commercial development around the memorial, he didn't see the sense in redeveloping the birthplace of the CPC in the midst of the commercial glitz. "Now I can understand," said Gu. "It's a commercial society after all. The Communist Party had very good foresight 90 years ago to choose this place for their first meeting, this fashion icon." (Additional reporting by Anita Li; Editing by Sugita Katyal) World China Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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