They have 3 tiers. Its called 新基建 - *Xīn Jījiàn
Top tier is for essentials like food, electricity, internet/comms, water, sewer. Heavily controlled, usually state owned companies.
Middle tier is stuff that's integrated into essential tier.
Lower tier is forefront of tech, and not at all critical for life.
And a reminder that even fucks like Nestle said that water is not a human right. But every capitalist would do their damndest to put a sale price on anything they could. They'd charge breathing if possible.