It does not, although it may establish the priority for a corresponding application that you might file in China. There's a point in time that applies, based on conventions between countries. From the date that you file your patent application in the country where you first filed it, you have a certain period of time to then file corresponding applications in other places in the world. However, the patent that you get is only effective in the country in which it was issued.
On October 3rd, 2016. See this statement in context.