China copies pretty much everything else out there, so it only stood to reason they'd eventually get around to doing their own Transformer.
Unlike most other Chinese knock-offs, though, this one's pretty damn impressive. Built by students at the China Central Academy of Fine Arts and standing 32 feet tall (and weighing four tons), it's not only built to resemble a robot that transforms into an old Chinese truck, it's built from the actual parts of the same truck.
As for the weapon, he's not meant to resemble any Transformer in particular, as he's modelled after Guan Yu, an ancient Chinese general. Though he looks more like Scourge to me...
To mark the occasion, this great little promo video has been released, which even though it's only 1:20 long is still a lot more entertaining than Transformers 2.