The large firms and key industries are publicly owned, and the economy is developing further and further along a coherent central plan. It’s still in the primary stage of socialism, but it’s only getting further developed, not regressing into capitalism:
China is transitioning socialist, in the direction of capitalism xD
The large firms and key industries are publicly owned, and the economy is developing further and further along a coherent central plan. It’s still in the primary stage of socialism, but it’s only getting further developed, not regressing into capitalism: