“In the CCP’s view, China is not a capitalist country because despite the co-existence of private capitalists and entrepreneurs with public and collective enterprise, the state holds a monopoly on all land ownership and a primary ownership stake in the economy’s largest and strategic enterprises, while the party retains control over the state and the direction of the country.[1]However, many scholars consider the Chinese economic model as an example of authoritarian capitalism,[14][15]state capitalism[16] or party-state capitalism”
“In the CCP’s view, China is not a capitalist country because despite the co-existence of private capitalists and entrepreneurs with public and collective enterprise, the state holds a monopoly on all land ownership and a primary ownership stake in the economy’s largest and strategic enterprises, while the party retains control over the state and the direction of the country.[1] However, many scholars consider the Chinese economic model as an example of authoritarian capitalism,[14][15] state capitalism[16] or party-state capitalism”
https://en.wikipedia.org/wiki/Socialist_market_economy#%3A~%3Atext=In+the+CCP's+view%2C+China%2Centerprises%2C+while+the+party+retains