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Chinese Economy
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This is from the Chinese government's communication company, CCTV which is the official voice of the Communist Party of China (CPC). They explain that in 1950, the CPC shifted their thinking from revolution to economic development. They write: "By adopting the Constitution and establishing the political system of the People's Congress on 1954, China had laid a solid cornerstone for further development and prosperity."
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The idea of communist political system combined with a capitalist economic system emerged in a more complex way that this video suggests.
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https://news.cgtn.com/news/2019-10-03/How-did-China-establish-its-political-and-economic-systems--KuIOatQFlm/index.html?spm=C69523.P89571092934.S19651.6
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