Abstract: With the accelerated construction of new power systems, the Virtual Power Plant (VPP), a key component of the new energy framework, provides critical support for safe supply, energy conservation, and emission reduction for power systems. However, the increasingly diverse technological forms and application scenarios of VPPs present challenges for standardization in large-scale development. A timely summary and generalization of VPP development principles, construction pathways, and technical practices can promote technical synergy and drive industry growth. This paper takes the VPP in a megacity as a typical use case. It thoroughly discusses the top-level design of the VPP by reviewing and analyzing four perspectives of form, policy, market, and standards. Secondly, this paper examines a multi-spatiotemporal regulation technology system for VPPs from three dimensions precise response, regional coordination, and fast regulation, which supports the normalized operation of Shanghai's VPP. Then, this paper introduces the large-scale demonstration outcomes of Shanghai's VPP, offering a valuable reference for development constructions and innovative practices of VPPs at the megacity scale. Finally, by analyzing the construction and operational outlook of Shanghai's VPP, this paper distills a clear pathway for its future development.