New-generation migrant workers are the "elite" among migrant workers, and whether they can really adapt to the city is one of the real problems to be urgently solved during China's new urbanization, related to the success of new urbanization construction. From the perspective of livelihood capital, this paper uses the measuring indicators in line with the new-generation migrant workers' livelihood characteristics, to analyze the typical characteristics and causes of new-generation migrant workers' urban adaptation in Jianggan District of Hangzhou City based on field survey data. In the study, it is found that the new-generation migrant workers' urban adaptation characteristics are focused on life adaptation, work adaptation and cultural adaptation, but the adaptation in the three areas is not good and there is a big room for improvement.