Should the government in china restrict the rights to the media/social media? Why or Why not?

In my honest opinion, I think that the Chinese government has no right to block off the rights to social media and possibly the internet. The internet is how we all connect to each other, see friends, learn about the world, basically get smarter and more aware. If the Chinese government takes away the right to the internet, the literacy rate will drastically drop, and business will slow down. China won't be considered a world super-power anymore, and American companies will dominate the industry scene instead of Chinese owned businesses. To close, if there is no social media in China, China will face the consequences.