Earlier quoted context omitted.
Central planning has an extremely bad record in China, especially when it comes to famine. During the Great Leap forward, the central planners demanded the implementation of new Lysenkoist farming practices that were reportedly a great success and on track to deliver a record harvest. The central planners then dispensed generous daily rations from the granaries, so that everyone could eat their fill, causing farmers…
I have mentioned this elsewhere as well, no kind of planning saves one from bad economic policy. Post Deng China has a very very good record of bringing prosperity (and China still central planning).
Every country has some central planning, China doesn't have much more central planning today than your average European country. Or do you believe some CCP central planner decided to put in scantily clad anime girls in games from China?
China today is very capitalist, they lack democracy, not capitalism.