This is scarily fast if accurate. I've predicted that China will catch up to world state-of-the-art technology in every "commercial" field within 5 years and catch up to state-of-the-art non-military scientific research by 2020. However, military technology has always been the laggard and the weakness that will be exploited by the Anglo-American alliance aka. "Western" world order.
As far as we know, turbofans are now finally coming along without any serious bottlenecks. Nuclear reactors for naval propulsion on the other hand seems to be way way behind schedule. Rumors have been floating around about the 095 for over 10 years but there doesn't seem to be any progress and it all points back to the nuclear reactor.