Rule #2: This group of people have the right to rule over everyone as they see fit.
Rule #3: You better not forget rule #1 or #2, no matter what.
While some people think their country is becoming capitalist, it depends on what one means by that. Entrepreneurship by anyone without sanction of the ruling body is outlawed. No one else can have power of any kind EXCEPT for the Party.
You can say whatever it is that you say as long as it does not challenge the Party. Any potential challengers are mowed down. In other words, you better believe that all those Revolutions were right, and that those Revolutions gave gave the current group the RIGHT to rule FOREVER. If you do not believe this you better keep it to yourself or you will pay like never before. It has nothing to do with what the people want.
The end of their feudalism is a long way off.
THAT is Chinese capitalism. It is unlike our version of it where the 'capitalism' starts at the grass roots with personal rights and entrepreneurship at is core.
Anything other than the above definition is a daydream and wrong.