Assuming the people are there justly for committing a crime and not being convicted just to provide free labor doesn't it make sense to have these people do something instead of sitting all day in a cage?
In my opinion, anything that creates a profit motive for imprisonment and recidivism is an incentive recipe for disaster. So even if justly incarcerated I would probably say no?
But regardless, I don't think assuming just incarceration in China is a great idea.
e.g. [0],
"Forced Labor
The PRC government has pressured large numbers of
Uyghurs, including former detainees, into accepting
employment in the formal workforce, particularly in the
textile, apparel, agricultural, consumer electronics, and
other labor-intensive industries, in Xinjiang and other
provinces. Uyghurs who refuse to accept such employment
may be threatened with detention. Some factories utilizing
Uyghur labor reportedly are tied to global supply chains.
Factory employment often involves heavy surveillance and
political indoctrination of Uyghurs."