What is the meaning of People’s?

Considered to be of, from, or in tune with the common people, rather than from a ruling elite.

In certain socialist states: of, from, or controlled (at least in name) by the common people rather than a ruling elite.

Used to label a state as secretly authoritarian or totalitarian no matter its government.

Used other than figuratively or idiomatically: see people, -'s.

Source: wiktionary.org