The issue is less one of peak numbers, but more about sustaining those numbers.
To keep 100 combat aircraft on station, you probably need to have 500 planes for rotations in peacetime. Factor in combat attrition and that number could easily double over a whole campaign during war time
And we are just talking about a single area here.
In a realistic war scenario, you could easily see 3-4 active major engagements, with attacks from Japan/Korea threatening north-eastern China, maybe even Beijing; Taiwan, probes into the SCS from Australian bases and India jumping in to set fires in the west.
Thus a total fighter fleet of between 1500-2000 planes would not be excessive, and that’s basically the numbers both the USA and USSR maintained during the Cold War.
It's not about staying on the defensive with CAP anymore.
It's about sustaining offensive missions, because defending is harder than going on the offensive.
Say you have 3 active theatres eg. Taiwan, Japan, Korea
You would want to conduct an offensive sweep say every 3hours. That is 8x a day.
The result is that the defending fighters never get a rest, the limited numbers of airbases/carriers are under daily attack (with airplanes on the ground destroyed) and you always have some fighters in the air which are ready to deal with any incoming air attack anyway. Then afterwards, some of the fighter escorts can remain as a CAP whilst the rest of the aircraft return to base.
So an offensive sweep might have 12-24 fighters, covering another 12-24 bombers strike aircraft, along with some support aircraft.
That comes to a maximum of 50-odd aircraft like we see on the missions flying around Taiwan. You couldn't pack any more aircraft into the crowded airspace over Taiwan or Korea anyway, because they are geographically small.
Frequent airstrikes are feasible when each is composed of 30-50 aircraft. But you start to run out of available aircraft and worthwhile targets (air and ground) really quickly when you send out 100 aircraft at a time. So there's also no practical need to regularly send out 100 aircraft at a time.
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China currently has about 400 dedicated attack aircraft like the H-6 or JH-7, plus another 200 J-16s which would be suited to strike missions.
So with 600 strike aircraft, China could sustain 3theatres x 8 daily airstrikes each comprising 24 strike aircraft.
Then you would need another 600 fighters to cover those strike aircraft.
So going forward, I expect PLAAF procurement to further emphasise offensive missions. In that context, J-16s are more useful than J-10s, as the J-16 can initially focus on long-range air control with the J-20/J-35, and then switch to a strike role.