Whilst the Chinese Communist Party rule over China, it works with a capitalist mode of production. This is a historic peculiarity which originates with the successful Chinese Revolution in 1949.
This revolution overthrew capitalism, but without workers power. This meant a slow return to capitalism was inevitable without successful revolutions internationally.
But how did they return to capitalism while keeping the CCP in place? In this talk, RCP Central Committee member Tom Crozier, explains the process.