Can we just call it what it is?
Fascism (in the Mussolini model) in everything but name.
- Hyper-Nationalism & Rejuvenation
- State-Controlled Capitalism (Corporatism)
- Authoritarian & Cult of Personality
- Militarism & Irredentism
And they have technology to maintain control rather than needing the Black-shirts.
There are differences obviously to fit Chinese culture, but there are many parallels.