People in China's first-tier cities live well and are more up to date than almost anywhere, but in the lower cities, they are not free. I usually think that popular literature reflects a country's social conditions, and even in China's xianxia, there are ranks, and people act according to those ranks. To say that all of China has become wealthy would be an overstatement, given that there are many problems starting with the migrant worker issue. Of course, China is a great power, and the wealthy programmers in first-tier cities are extraordinarily talented.
Recently you're even starting to hear stories I thought ended with the Soviet Union. People who are literally terrified of getting on a train out of the city because they think they might never be allowed to come back.
Then it makes sense that you wouldn't feel it. In fact, because it's a K-shaped economy, the bosses and businesspeople I meet think the business climate is good. But separately from that, for ordinary people who are the actual consumers, it's hard to make a living.