A distinction without a difference. Party affiliation is a requirement before a business can even become large. Perhaps you can call them private in the nominal

A distinction without a difference. Party affiliation is a requirement before a business can even become large. Perhaps you can call them private in the nominal sense. It is reminiscent of the National Socialist's command economy. Private individuals may own a company on paper, but the party will dictate what is done with it. Look at the case of Jack Ma.