Actually only a few possess the wealth (money, real estate, company shares, etc..) in China. The majority has nothing and must work hard to pay the debt for their cars, homes, health care and education.
Correct me if I am wrong.
Let me answer ur poor question, in China we living like ... (not like in Germany or in Vietnam,also not like in U.S)
1. In China, everyone(the adult) who join in work or ever worked sharing Social Security System, just deducted from wages several hundred yuan, more pay the social security more save money in personal health care, and will get their pensions when man reach 60 year age and woman 55 age.
2. In China, 80% family can afford a cheap cars (of course domestic automobile car, not imported foreign car) when working one year, price ¥40,000~¥100,000. Today the car isn't the luxury for most of Chinese ppl and Chinese family, recently China automobile market bigger than United State.
3. In China, most young ppl get their 1st houses when 25-35 ages. Yep recently China house price rapidly rise, but their family also get benefits from the growth. And i think these Chinese parents r the best parents in the world coz they could make some sacrifices for their children. Other sides i said the high price places usually focuse on super-big sized cities like BeiJing/ShangHai/ShenZhen etc,u can't afford ¥15,000-¥20,000 per square meter in these big cities but u can afford living in suburban districts or other China cities which house price ¥5,000 - ¥10,000 per square meter, there's still thousands of cheaper cities and towns in China.(just currently working and living in different cities.)
4. In China, i think now our family need to pay ¥80,000 - ¥150,000 for our children' education from primary school to university through 6 age to 22 age. Of course i mean learning in Chinese normal public school and college (not some private fancy school), if u wanna send ur child go abroad for study u'd better prepare at least ¥300,000.
5. In China, we watching all movies for free, any hot movies and TV series all r free on the internet. At the same time China was the 1st biggest foreign market for American Hollywood over Japan's.
6. In China, we using any kinds of desktop OS and application programs for free on the internet, and i make sure they'r free latest versions.
7. In China, we share the cheap clothes and cheap electronic & multimedia products, coz "World Factory" built by Chinese.
8. In China, everyone has the job, coz we need to work hard to earn money from 1.3billion domestic market and earn money from billions of foreign market.
9. In China, the average salary was ¥4,000-¥5,000/month for the ppl who join working, average ¥7,000-¥10,000/month for a family. In some big and super-big sized cities like BeiJing, ShangHai, GuangZhou, HangZhou etc the average salary was ¥6,000 -¥7,000/month for each.
10. In China, i think to earn money and get rich easier than other countries. Coz try to earn ¥1 from 1.3billion Chinese wallet much easier than try to earn $100 from other millions of ppl, at the same time u have the chance to become a billionaire here.(¥6==$1)
11. In China, we enjoying Chinese Food everyday .
12. In China, we can go out for delicious dinner with our friends and family 1-2 day nights of each week, price ¥100-¥200 each dinner.
My Conclusion:
In China most our family has the car & has the house (maybe still owing bank loans), enjoy Chinese Food everyday, has the jobs for earning money, has the biggest domestic market of world and a wild foreign market, has new & better traffic routes and public facilities. ppl sharing social medical insurance to save money. That's today Chinese living conditions...
In China, etc etc etc... Someone keep going, thanks ~!