Type-C is just a connection standard, nothing more.
Technically, a Type-C connector could be used with USB1.1 speed limitations - of course, there's no reason for anybody to do that.
A type-C connector can be *just* a USB port (data transfer, power etc) OR can be Thunderbolt3, using the Type-C connector.
Most Type-C ports are also Thunderbolt3 enabled. Increasing that max to 40Gbit/s.
There;s also alternative modes (DP, HDMI etc in addition to TB).
USB 3.1 Gen1 has a max bandwidth of 5 Gbit/s
3.1 Gen2 is 10 Gbit/s
DP 1.4's max is 32.4 Gbit/s, although data transfer's max is 25.92 Gbit/s
TB3 is 40 Gbit/s
With a TB3 enabled Type-C, you can have the concurrent bandwidth of both DisplayPort1.4 AND USB3.1 Gen2 (25.92 + 10)