We do have both. The election doesn't work the same way as in other countries, but I'd be lying if I say there is none. For the news, you can find quite a lot of news that are not favorable to the government on weibo/wechat if you read Chinese.

I don't fully agree with censorship (they do serve some good I must say that), but it's not black and white. I'm also very pessimistic about "better-informed" people. Receiving news from different sources doesn't make you just. You can't receive A and B and just average them.