<p>The judgement of the subjective passage of time is closely related to an individual’s feelings. No discernable evidence exists in China concerning the relationship between temporal sense in daily life and well-being or life satisfaction. This study was designed to test the hypothesis that a faster sense of time passage would be related to greater well-being and life satisfaction, and lower depression and suicidal ideation. One sample was from medical staff in a public hospital (<i>n</i> = 1012), and a second sample consisted of heterogeneous non-medical employees (<i>n</i> = 1051), both in urban China. A self-administered questionnaire was used to collect demographics, well-being, life satisfaction, depression, suicidal ideation and temporal sense in both randomly selected samples. Reliability and validity tests were performed on the Temporal Sense Scale. Analyses were conducted to examine to what extent temporal sense was associated with positive psychological outcomes (well-being and life satisfaction), as well as psychopathologies (depression and suicidal ideation). The Temporal Sense Scale showed high validity and strong internal reliability among both samples (Cronbach’s alphas ˃0.93). Temporal sense was positively associated with well-being and life satisfaction, and negatively associated with depression and suicidal ideation in both groups. The significant associations remained even with age, gender, and other relevant demographic factors controlled for the measure of time passage with the Temporal Sense Scale hereby may be an indicator of happiness and could be used in future to predict certain people’s well-being and life satisfaction.</p>