We've achieved world standards in SSK with the
Qing-class submarine. We're going to launch world class SSN Type 095 very soon. We are mass producing
Type 052C destroyers and Type 054A frigates equivalent to early 90's NATO ships like La Fayette. We should achieve world class standards when Type 052D destroyer is launched next year (mass production possible by 2014-2015).
Right now, our naval power is enough to control within 500 km from coastline, including Diaoyu Island, Paracels and Taiwan. We will need CVBG to control areas further out like Ryukyu Islands and Spratlys. We'll have 3 CVBG by 2015 and probably 2 more by 2020.
China will get tougher on our unfriendly neighbors as we grow in power and expand outwards until we dominate the East China Sea and South China Sea and project power deep into Western Pacific and Indian Ocean.