They most certainly cannot.
The capability that a large fleet of competitive SSNs with large cruise missile loads enables for the PLA -- which bombers witb ALBMs cannot offer -- is
near-permanent/round the clock deployment of a large number of munitions in relatively close range to second island chain region (including and beyond Guam), from a variety of axes of attack relative to potential targets.
I will describe to you my CONOPs for a "12-15 SSN/SSN-G in second island chain" strategy. (Keep in mind, the numbers below can be altered depending on how much one wants to deploy SSNs to the central or eastern pacific or elsewhere on the globe -- but those theaters would be relatively lower priority or require a relatively small number of SSNs).
First, I'll describe my fleet vision.
I will project a fleet of some 60 competitive SSNs, of which 45 are equipped with larger VLS loads (let's call them SSN-Gs, because they're not quite traditional SSGNs but rather SSNs with augmented guided missile capabilities) -- let's say 40 VLS for a SSN-G, and each VLS able to carry either a LACM, AShM or YJ-21 pattern AShBM/HGV. The standard SSNs (15 of the 60) will have 12 VLS.
Now, during peacetime, I will seek to deploy a third of the total SSN fleet in the western pacific -- using the classic 1:3 ratio of deployed force : total fleet size.
Now, note that the 1:3 ratio is typically used for blue water missions and in this case, the operational SSNs will be deployed mostly to the western pacific, relatively closer to the their homeports compared to US or UK deployments, meaning that the 1:3 ratio here is a bit conservative, but I digress.
Now, of those 20 (one third of 60) deployed SSNs, I would seek 15 of them to be SSN-G, and 5 to be traditional SSNs. I would seek to deploy 3/4 of the 20 deployed SSNs to the second island chain area, depicted on the map below.
So, that's 15 SSNs. Of those 15 SSNs, I would seek at least 12 to be SSN-Gs. The other three would be either standard SSNs or perhaps they could be SSN-Gs as well. For the purposes of this illustration, let's say those are 12 SSN-Gs.
12 SSN-Gs, each with 40 VLS tubes -- 480 VLS tubes. That of course is in addition to their standard SSN role, which will not be meaningfully inferior to the standard SSN variant.
Okay, let's look at the map -- I've marked out some areas around the second island chain, centred around Guam there. The five yellow dots correspond to approximate areas of roaming where my second island chain SSNs would operate -- essentially a large crescent from the north, curving east, south, and slightly southwest around Guam, in a radius of anywhere from a few hundred km away to 1000km away. That would be their "fire when ready" location during periods of heightened tension or during periods of conflict.
During standard peacetime, they would be able to roam much more freely and wider.
View attachment 88487
So, think about it -- that is up to 15 SSNs (of which at least 12 are SSN-Gs) carrying at least 480 VLS tubes between them, very hard to detect and track, virtually
permanently in the second island chain, anywhere between 1000km to a few hundred km of Guam and other US installations in the second island chain.
That is to say, virtually at every moment of every day, able to launch their payloads on short notice. (During times of increased tension or build up to conflict, of course more SSNs will be surged.)
So, the comparison with bombers isn't really accurate, because think about how many bombers and support aircraft you'd need to do the same thing?
Let's say a H-20 can carry 16 equivalent weapons to what a VLS tube on a SSN/SSN-G can carry. Okay.
Then let's consider that the requirement, is for you to
have 480 equivalent weapons in the air, within 1000km to a few hundred km of Guam/in the second island chain, 24/7 (i.e.: virtually every moment of every day, for years if not decades on end), in a manner that is very hard for the enemy to detect and track.
To get 480 weapons in the air, you'd need 30 H-20s. Not too bad right? And they can totally fly within 1000km to a few hundred km of Guam, based on how big we expect H-20 to be.
But the problem arises with the 24/7 part, and the detect/track part.
For the 24/7 part -- basically, the challenge you face is needing to
permanently have 30 H-20s in the air on station within 1000km of Guam for years if not decades. Yes, that is achievable, but you'd probably need to produce many hundreds if not a few thousand H-20s to maintain that kind of sortie rate for years/decades. It'll be a veritable conga line of H-20s constantly having to leave China, loiter on station 1000km from Guam for maybe 3-4 hours, then fly back
just as another H-20 arrives to replace it on station, multiplied by 30, ongoing 24/7 for years/decades.
For the detect/track part -- this comes down to the nature of bombers (even stealth bombers) versus submarines, namely that bombers loitering in an area 24/7 will be much more easily detected and tracked -- even visually by an intercepting pilot with a Mk-1 eyeball, than a stealthy submarine can.
The threat posed by SSNs is just that much greater, which will place more demands on monitoring and countering them than persistent bombers that are permanently in the air.
Now, I want to emphasize that my proposed "12-15 SSN-G in 2IC" idea isn't intended to be a single action by the SSN-Gs alone. Instead, they achieve two things in relation to their effects against the opfor on land/surface:
1. During peacetime, significantly complicate opfor strategic defense measures and force them to expend money, base infrastructure, and place operational pressure on ASW missions and to force them to defend against the prospect of a multi-axis missile attack -- all of which will result in much greater divided resources, planning, and attention, to both ASW and AAW, in a multi-axis large area manner.
2. During wartime, participate as part of a first wave of a multi-domain missile strike against land and/or naval targets in the second island chain --
alongside friendly land based strike systems (bombers with ALCMs and ALBMs, long range land based AShBMs/IRBMs/HGVs/LACMs), and friendly naval surface strike systems (carrier based strike aviation, surface combatant launched AShBMs/HGVs/LACMs/AShMs). The submarine VLS weapons would exploit their relative stealthy nature and forward positioning of the SSN-Gs, allowing them to launch their weapons at closer ranges to the enemy than friendly land based and naval surface strike systems (thus reducing reaction times of the enemy) as well as from axes where the enemy may be less focused on and/or forcing them to widen their surveillance and defenses to a 360 degree manner rather than focusing mostly on their western flank (which is where PLA land and surface naval strikes would inevitably approach from).
..... So, can VLO bombers like H-20 do the same thing as SSN-Gs with large VLS counts?
In theory yes.
In practice, no, not unless one finds a way to permanently have 30 H-20s in the air operating in the second island chain, virtually 24/7, for years or decades on end.
See above.