The Golden Helmet is a 2V2 free air combat, and of course, the Chinese Air Force has five major brand exercises. As an enemy of China, you can check and find out that together, it is equivalent to the US Red Flag. As for India, no one knows if there is one, it's not just what you sayGolden Helmet is just a dogfighting competition, it's worthless from PoV of combat. Red Flag is something else entirely. We don't have the scale that the Americans do, but we have such exercises regularly.
Anyway, what the Golden Helmet symbolises, the IAF has been doing since the 1930s. PLAAF has only recently reformed itself to modern combat techniques
China's first J11B began its test flight in 2001, when India did not even have an SU30MKI, let alone an Israeli jammer,IAF has been operating EL/M-8222 and KNIRTI even before Chinese institutes mastered copying Soviet flanker designs