Being banned from a private venue is an expression of the right of free association. It is not a violation of anyone's rights, because one does not have a right to attend a private venue. It is not a form of political oppression or censorship, because one does not require attendance at a private venue to express one's political beliefs.
Therefore, because the rights of banned attendees have not been violated, nor their speech suppressed, nor has any violence been imposed against the banned attendees, or critics of the code of conduct, said code of conduct is not equivalent to the policies of the Chinese government or a social credit system.