This is really silly. Nobody cares who owns the farm land when few are farmers.
If and when China has a modern industrial infrastructure and all peasants have become well educated citizens, the most people will live in the cities and the suburbs and work in high value added industries. This process is already starting. See
Capitalism works and the Europeans and the Americans have proven that. Meanwhile nobody knows what the “Chinese brand of socialism” means. If it means the present state of China, then it is not desirable.