The 20 or so Type 52s are no slouches.  China also churned out 30 type 54As in just over a decade which are formidable 4,000 ton frigates.  The 12,000 ton Type 55s look to be a match for any USN surface ship but they only have 1 in service atm.

Overall not a match for the USN now or in the near future but China can out build the US.  They will be adding another half dozen Type 55s in the next few years and will likely add even more by 2030.  "Parity" is probably a bit of an exaggeration but their surface fleet is quite powerful and the gap between the PLA Navy and the USN will only close as time goes on.  IMO it's imperative that the US gets the FFG(X) contract right.