I would advise against repurposing AAMs to SAMs. The inherent design advantage that SAMs possess is that they don't need to be as light and compact as possible. You can free up those parameters because you're launching them from the ground, where space and weight isn't an issue. This makes their development and procurement cheaper, and you tend to need a lot of them to cover saturation attacks. Rippling hundreds of PL-15s is gonna cost a fortune, especially since most of those shots would be against decoys. Also, a SAM's larger dimension increases the available space for the seeker and ECCM components, which can be larger and more powerful, while being cheaper at the same time since they don't require the same level of miniaturization.
You're right about electronics warfare factor. SAMs surely would have AAMs beat if they are given the same effort to maximise ECM ECCM.
The cost and production rate factor is definitely there but I still think the HQ-16 can do with a modern replacement that improve speed and range without sacrificing warhead and electronics. For one thing, two stage SAM is more kinematically optimised than something like HQ-16 which has to drag the entire massive frame around when fuel is depleted.
With repurposed AAMs to SAMs, at least the packing is going to be dramatically improved. If a new SAM is developed to be quadpacked onto VLS on ships or vehicles mounting 12 missiles instead of 6, it will suffer from the same issues as the repurposed AAM because it'll be about as thin and demand the same miniaturisation of component along with the same complexity and cost. The difference is those AAMs are already developed and just require some fine tuning and a booster stage. DK-10 is rated at 50km for export. A PL-15 based SAM for PLA with booster stage based on available rocket and fuel tech now, should clear 100km. That's still better range than HQ-16 and better speed.
So it comes down to cons being extra cost, fewer total missiles, weaker or similar ECM ECCM. Advantages; better kinematic performance, more missiles per launch vehicle/VLS, slightly longer range.
I just wish the HQ-16 could ditch a booster stage to improve performance instead of dragging around dead weight. Would make it around mach 4 capable, retain energy for turns and be much harder to defeat by a fighter.