Back in the eighties, the Reagan administration wanted to sell F-16s to China. China could not afford them, as they were dirt poor at that time. The F-16 was being built in such numbers that their flyaway costs was like 8 million in eighties dollar, probably 15 to 20 million for contract price.
Having said that, I think this is not CAC. It looks more like some place in Taiwan. Probably AIDC since it reminds me of the background seen in some IDF pictures. The Chinese script in one picture looks done in Traditional, rather than Simplified.