>>2915081>to centralise all instruments of production in the hands of the StateThis is what Mao did, and what Deng dismantled.
>to increase the total of productive forcesChina increased their productive forces by buying machinery from Germany in the 1990s and 2000s. It didn't come out of nowhere.
https://duepublico2.uni-due.de/servlets/MCRFileNodeServlet/duepublico_derivate_00005397/AP59.pdf>It was only in 1992 that once again a significant increase in German exports to China could be observed. It coincided on the one hand with the resumption of the reform process in China when the reformers regained dominance over more conservative forces. On the other hand, a significant improvement in the bilateral political climate can be observed during that period. Germany did not only lift its sanctions against China – which until then she had upheld much more strictly than other Western industrial countries – but also refrained from selling submarines to Taiwan.>All this contributed markedly to an improvement of economic relations, which, in addition, were promoted by German export subsidies targeting the Chinese market. German soft loans contributed greatly to the sale of container ships, wagons, and subway facilities to China.>But Germany’s China-bound exports are perhaps most of all promoted by the German and eventually global FDI-commitment in China. In the middle of the 1990s about two thirds of Germany’s exports to China had been ordered by foreign invested enterprises which imported German capital goods (first of all machinery, automobiles, electro-technical products).
>During the 1990s Germany built up a massive trade deficit with China. This deficit in the balance of trade reflects, on the one hand, the consistent implementation of an export-oriented foreign trade strategy and a catching-up process of the Chinese economy, which especially in the early 1980s was not in a position to offset her imports of German plant and equipment with export goods that would have found demand in Germany. This export weakness has now been overcome. >At the end of the 1990s, German exports to China were dominated by machinery and electronic equipment which commanded about 50%; automobiles had a share of about 10%.https://www.npr.org/sections/planet-money/2025/09/30/g-s1-90937/germany-thrived-in-the-first-china-shock-but-the-next-one-could-prove-catastrophic>The first China Shock happened in the early 2000s. That's when exports from China began surging and manufacturers around the world found themselves unable to compete. In America, this first China Shock led to over a million manufacturing workers losing their jobs and many industrial towns falling into doomspirals.
>Germany, however, was largely insulated from the first China Shock.>Sander Tordoir, an economist at the Centre for European Reform, a think tank, says a big reason was that China's export boom back then was in low-end manufactured products like textiles, toys, consumer electronics, and furniture, "not in the industries that are the hallmark of the German economy, namely autos, chemicals, and machines."
>"After China joined the WTO in 2001, the German machinery sector and China, we had the perfect complementary relationship," Richtberg says. "We made a lot of money in China."
>Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.This is the only highlighted part that makes sense. China is closer to have achieved this point more than most other countries. The banking sector in China is highly regulated, and all important banks are either completely owned by the state or partially owned by the state.
That being said, China is not the only country in the world with public banks:
https://en.wikipedia.org/wiki/Public_bank#Public_banks_by_country
>Equal liability of all to work.What does this even mean, in practice? Ask any billionaire, whenever they are American or Chinese, what they do in life, and they will tell you they work hard (to get rich). Would you consider this work?
Is it equal liability to work directly in the industrial process of production? Neither Marx, a journalist reading books in the British Museum all day, nor Engels, an upper manager exploiting kids in his family's Manchester factory, did this. Deng briefly worked in a tofu factory in France, where he met other Chinese communists, but that's it.
There is also the existence of the "reserve's army of labour" which, as Marx has shown when he was more serious, is more or less unavoidable within a capitalist economy. For reference, unemployment in China reached 5.2% in July 2026, and youth unemployment in particular reached 17.9%, a number comparable to many other capitalist countries, and higher than Japan and South Korea.
The rate of unemployment in China has trended upward over the past few decades, not downward:
https://fred.stlouisfed.org/series/SLUEM1524ZSCHNAt the end of the day, I don't see how the Chinese government implement this imperative any differently than other market economies. Mao did establish industrial armies in the agricultural sector for a while, but as China developed and then later switched to a market economy, these weren't needed anymore.
You want 0% unemployment? I have a simple solution: reduce the hours worked in a week for the average worker, and guarantee strong union rights to laborers. Make the 24-hour workweek the standard for everyone without any decrease in salary and watch the unemployment rate drop instantly.
The problem is that the bourgeoisie will never want this because it's equivalent to raising the hourly wage of every laborer. And it's not like anyone cares about the well-being of workers these days, think about the economy…