Second, economically, we call it a socialist market economy.In fact, it is a kind of mixed economy. But many countries also have a mixed economy. But the Chinese one is unique.It means the state owns so many resources, from minerals to land, everything. Yet, the right to use the land is flexible. It’s very often shaped by market forces.A good example of why China can be so successful in internet applications, even for those apps used in the United States, such as TikTok, Temu, or Shein.They are Chinese inventions, because it came from internal competition within China. And after this, they become very competitive internationally.