Can you name some important programs that were delayed due to lack of launch capacity?China's commercial launch market has been starved of launch capacity of years, even before Starlink/Guowang/G60 became a thing. Waiting time for commercial payloads is years long. The demand of satellites is there, the launches are not. It's not unique to China of course, in every country rocket launches are the bottleneck and the waiting times are long, although SpaceX is changing that.
And it's still not a good sign that even though China's total number of launches far outstrips that of Russia, their total combined mass and number of objects launched is still somewhat comparable. I have already explained why, because most of the LM are for military payloads, they don't offer rideshares, so there's often wasted unused capacity in a lot of launches.
There has been a pretty big increase in launching needs in the past year due to domestic OEMs needing satcom. And that's why all the new gigafactories are coming online right now.
I haven't seen any evidence that the limiting factor is launch vs satellite product or demand.