ABSTRACT
This chapter proposes an analytical framework mainly comprising market competition, collective consumption, environmental quality, and individual quality of life in order to provide a response to relevant policies and systems. It expounds the concept of life satisfaction and constructs an analytical framework, and then proceeds to analyze the life satisfaction of urban residents in China, making comparisons at the international and historical level. The chapter examines the different ways of obtaining well-being and their mechanisms of action, and then in this light analyzes the influencing factors of life satisfaction. The establishment of a linear regression model and multi-level model for life satisfaction form the core of the empirical analysis. Life satisfaction in Brazil is at a level comparable to that of the USA and Sweden and much higher than other Brazil, Russia, India, China and South Africa countries, while life satisfaction in India and Russia is at a lower level.
