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Shanghai PISA results have shown its high-quality education as well as the underlying influential teachers’ professional development. However, the influences of teachers' researches in Shanghai educational changes are under-researched. Compared to the Teaching Research System (Jiaoyan), the ignored Teachers' Research System (Keyan) has promoted the profession of doing research among Shanghai teachers. With the document analysis and interviews, findings show that systematic capacity and collective efficacy in the Teachers' Research System are aligned with expansions in professional capital encompassing the acquisition of professional capacity (human capital), more opportunities and support (social capital), and determined professional belief (decisional capital). This study aims to enrich the scope of the theory of professional capital, and proposes a potential accumulation model from systematic perspectives.