Similarities: Both dramas revolve around a family. They both depict family drama and being there for your family no matter how much they annoy you. Both dramas are well written and acted. The eldest and the youngest daughters in both dramas are similar in personality and how they are written. Both have romance plots for the all of the siblings but it is not the main focus of the drama.

Differences: The main difference is one is a Chinese drama and one is a Korean drama. MYIS is a longer in episode length (52 episodes) than The Bond (36 episodes). The Bond takes place between the 1980s-1990s in China; where MFIS takes place in 2010s in Korea. MFIS has more comedic elements but The Bond does have some light humor. The father in MYIS is a likeable father despite the flaws. The father in The Bond is not a likeable character but is well written. The father is more of a main character in MYIS than compared to The Bond. The mother has pasted in The Bond; where the mother is alive in MYIS.

I loved both dramas and highly recommend watching both.