Shanghai was once the center of the book industry in China. Nearly all the influential bookshops in China were distributed in Fuzhou Road and thereabouts. Like Liuli Chang in Beijing, Fuzhou Road also enjoyed the reputation of being a "Culture Street" lined with bookstores and art stores selling materials for Western and Chinese arts and crafts. 

Shanghai Foreign Language Bookstore is one of them. You can buy English and other non-Chinese language books and magazines in Shanghai.