More like market socialism, i.e. a market economy broadly directed by the state for the benefit of regular people, including when that goes against capitalists' interests.

Kinda similar to how the USSR functioned in its first 20 years under Lenin's NEP.

Also, you should look up what those terms mean first. China isn't "communist" (yet?); it's not a stateless, classless, moneyless society. It's socialist; the transitional stage between capitalism and communism where the state serves workers' interests instead of capitalists'.