Connecting flight in Beijing without baggage check-through service

I have a layover in Beijing Capital Apt with no checked-through baggage. First flight is operated by ASIANA AIRLINES. Second flight is operated by Lufthansa. I arrive in Terminal 3 and the next departure is from Terminal 3. I bought the total journey in one booking with Lufthansa. Layover is 2 hours and 35 minutes.

Do I have time to check-out and check-in with my baggage? And do I have to go through customs, security, etc. again?