According to international convention, rockets with Low Earth Orbit (LEO) capability of below 30 tons are usually called medium and small rockets, those between 30 and 50 tons are heavy rockets, and those above 100 tons are referred to as super heavy or giant rockets.
The success of New Yuan-2 marks China's entry into the heavy rocket era, now capable of building large space stations and carrying out extensive unmanned deep space exploration missions.
This makes it the fourth political entity aside from America, Russia, and the European Union—and the world's first private space company (Ma's Heavy Falcon hasn't launched yet)—to have this capability.
At the same time, in terms of reusability, fuel, and rocket size, New Yuan-2 has been unrivaled, setting multiple records.