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The only truly middle-class group in China with purchasing power: civil servants and state-owned enterprise employees.
Apart from that, almost none.
A “surface” salary of 3,000, 4,000—yet when you ask about it, it’s bonuses, housing funds, allowances, hot-weather pay, a 1-yuan self-serve lunch, free rice, noodles, and cooking oil during holidays, and housing subsidies—all added up, the real monthly salary is 15,000 and 20,000 yuan.
Nine-to-five, drinking tea and reading newspapers; the so-called heavy work intensity—well, if you can’t perform well outside the system, you get fired; if you can’t make money, you get fired. It’s completely not the same level.
So, only civil servants and state-owned enterprise employees have real purchasing power. If the government wants to boost consumption, just keep steadily raising the salaries of civil servants and state-owned enterprise employees—go all in on it!