This name is a synonym of Paeonia × suffruticosa Andrews.
The record derives from WCSP (in review)
(data supplied on 2012-03-23)
which reports it as a synonym with original publication details: Acta Phytotax. Sin. 7: 318 1958.
This name was in version 1 of The Plant List, record kew-2561013, and has not been changed.