China's navy will mark its 70th anniversary this week with an array of events, including a massive international fleet review and parade — but is this merely military muscle-flexing or something more nuanced?

The Chinese People's Liberation Army will hold four days of events starting Monday to celebrate the key anniversary. These will include a large-scale naval parade on Tuesday, where Beijing will show off some of its newest warships — including nuclear submarines and destroyers — for the first time.

In what Chinese state-run media has touted as a move toward more transparency, Beijing has invited more than 10 countries, including Japan, to take part in the fleet review, while more than 60 countries are sending naval delegations, with more than 30 of them featuring major naval leaders.