I believe that most of your observations are correct.

It seems to me that China is experiencing an enormous social revolution, much like the U.S. in the 1960s.

Culture does not evolve as quickly as the economy; China's economy continues to evolve at breakneck speed.

The 'China' that today's students are living in is radically different from the 'China' that their parents grew up in. Yet all parents tend to 'parent' in the context of their own life experiences.

Where do today's college students go for advice on modern China? Parents and teachers are living in the past. The government is conservative and fearful of social change. The media is both censored and full of misinformation.

There has never been a culture of 'dating' before marriage in China. The Chinese 'dating' culture is evolving now, but slowly. Female college students on their first 'date' are still interviewing the poor guy for marriage. Even new boyfriends are called 老公, husband. The concept of relationships prior to marriage as a preparation for marriage, as an education about the opposite sex, simply does not exist yet in China.

China will slowly create their own modern social structure, but the current 'bridge' generation is paying an enormous personal price for being pioneers.