Subjective Well-Being of the Residents in Contemporary China

Jianwen Wei (), Yang Han and Yandong Zhao
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Jianwen Wei: Beijing Normal University
Yang Han: Beijing Longmahui Capital Investment Company
Yandong Zhao: School of Sociology and Population Studies, Renmin University of China

Chapter 37 in Handbook of Chinese Management, 2023, pp 471-482 from Springer

Abstract: Abstract China has experienced rapid economic development since 1978, whereas the subjective well-being of the Chinese residents has been stable but not high. A large body of research has explored the factors affecting subjective well-being in China to solve the puzzle. These studies mainly focused on two kinds of factors: one is individual characters; the other is the macroeconomic and structural factors. Several theoretical expiations are discussed in the literature, such as Easterlin Paradox, post-materialism proposition, judgment model of well-being, “winner’s curse” and the like. Besides, the measurement of subjective well-being has been discussed in the past and formed common and simplified operationalizations in recent empirical research. These studies help to better understand subjective well-being in contemporary China and is beneficial to form a balanced and more equal social structure with a sustainable economic development, which is of great essence for a better China with a much higher well-being.

Keywords: Subjective well-being; Economic development; Contemporary china (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/978-981-10-2459-7_39

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