There’s no real way to evaluate the effectiveness of the Chinese military because they’ve not seen significant action in several generations. However that itself is not a good sign.
As for their kit, Myanmar bought some of their planes but none of them are operational. The planes were a joint project by China and Pakistan, but 8 years after the deal was signed apparently have persistent unsolved technical and structural issues.
Meanwhile Thailand bought three of the new Yuan class subs from China, but they aren’t operational either. Problems with the engines so bad that they need replacing.
Meanwhile China now has two aircraft carriers, but still hasn’t committed either of them to long range operations. They have only conducted experimental night takeoffs and landings, their carrier assigned planes are still largely land based, and they have yet to operate the boats beyond range of land based airstrips. Modern carrier operations are as complex as it gets, and they seem to be struggling with it.