The PRC is a dictatorship of the proletariat, it's a democratic country that restricts the rights and free movement of capitalists. Public ownership is the principle aspect of the economy, controlling the large firms and key industries, finance sector, etc, while private and cooperative ownership dominates the small and medium firms. About half the private sector is just sole proprietorships, which don't make much sense to socialize immediately anyways from a Marxist perspective.

I stand by that statement, it's a socialist country governed by communists, and the majority of communists support it.