>1) (学区房) Apartments that are in good school districts. The usual trick is to purchase a very small apartment (may still cost some 2-3 million USD in Beijing for example for a something like a 20 m^2 one). One recent policy (before this one) is to completely remove those districts and randomly pick schools for the kids (I think it's still based on geography but a larger one)

Just to add some flavour to this, recently a celebrity on a reality TV show complained that 650 RMB (~100USD) per day isn't even enough money to eat and was lampooned on social media for being out of touch with money.

Meanwhile parents in the school rat race are forking out millions of USD in Beijing to try outmanoeuvre each other. That's how BIG education is in china