Thirty years after the post‐Mao reforms, twenty years after the Tiananmen Square demonstrations, the next generation of “comrades” is emerging in China. They are called the Balinghou, or the “Post‐80s” generation, referring to the cohort born between 1980 and 1989. This article is taken from a broader study on the narrative resources that Shanghai's Post‐80s young adults call on to construct their identities, given the historical situation in which they live. Symbolic interactionism is useful for studying identity construction processes across cultural contexts, particularly in China where interactionist concepts have seen limited application to date. The discussion also explores the theoretical implications of structural elements that significantly alter the resources available for identity construction, such as the One Child Policy.