It's AEGIS-like. They are using phased array radars and significant combat information to guide multiple vertically launched interceptor missiles (AAM). Probably not nearly as sophisticated as AEGIS by any stretch...but a HUGE step forward for them and a threat in any case.
I've heard rumours that the phased array radar(PAR) used on China's 052C is actually a more advanced version of PAR than the ones on Burkes, though nobody can confirm this.