Maybe if you dial the “punk” down to zero, dial the “dystopia” up to 9, and maybe “cyber” is around 3 or 4 depending on how futuristic modern day China is.
Orwellian dystopia with a hint of cyber
The best comparison I heard of was "China is something in between Desneyland and Buchenwald"
The issue is that you likely wouldn't have said that about China either 10 years ago or even 5 years ago. I don't think you would have used cyberpunk at all. Thats where the unreal comes in.