Coherence phenomena, the increase with energy of coherence length and the non-universality of parton structure of the effective Pomeron are explained. New hard phenomena directly calculable in QCD such as diffractive electroproduction of states with M2«Q2 and the color transparency phenomenon as well as new options to measure the light-cone wave functions of various hadrons are considered. An analogue of Bjorken scaling is predicted for the diffractive electroproduction of ρ mesons at large momentum transfers and for the production of large rapidity gap events, as observed at HERA. A phenomenologieal QCD evolution equation is suggested to calculate the basic characteristics of the large rapidity gap events. The increase of parton densities at small x as well as new means to disentangle experimentally soft and hard physics are considered. We discuss constraints on the increase of deep inelastic amplitudes with Q2 derived from the inconsistency of QCD predictions for inclusive and exclusive processes and from unitarity of the S matrix for collisions of wave packets. New ways to probe QCD physics of hard processes at large longitudinal distances and to answer the long standing problems on the origin of the Pemeron are suggested. Unresolved problems and perspectives of small x physics are also outlined.