My point is to say that all those weapons have a place in China's anti-shipping arsenal. LRASM equivalent seems to be missing and it is so simply because China as of now has no suitable airborne platform to carry them in large numbers. YJ series are mostly land, submarine or ship launched. There is no evidence a stealthy subsonic LRASM equivalent would be more useful to PLAN than YJ-18 already offers but without the need to spend resources and a decade to develop. It might however be something the PLA looks into for the next generation YJ-18 replacement as it fits the bill. As long as they can make it speed up supersonic and turn in the last few kilometers.
If you don't mind, I'll answer in a different topic: this is a pure ASCM discussion at this point, so it's only proper to continue it here.
First, before going to the necessity of LRASM-analogue for PLAN, let's make a short characteristic of the missile in question.
LRASM is:
---
1. Purely air-launched. As of now, all Lockheed attempts to sell it as a surface weapon have failed.
2. Actually quite heavy for its class - 1.1t - due to both range(500km) and heavy(454kg - 1000lb) warhead, both values were probably mandated by the customer. This has two implications - both on operations (platform has to be able to carry them - important for carrier aircraft!), and that it's a weapon intended to kill and maim ships, not to just disable.
3. Stealthy, subsonic, and passive(passive radar+IR imaging) - ensuring maximum survivability for the combination from (2). Quite likely - it isn't all that maneuverable for a subsonic weapon. Worth noting, that "fully passive" was quite probably not a design choice, but a necessity - it inherited JSM shape, and there is really no space for a proper radar seeker there.
4.
Very expensive - this is not a weapon you launch on a whim, nor a weapon you install everywhere. Such weapon for Americans is either NSM(new ships) or old Harpoon stocks, which didn't go anywhere. Stupid, reasonably cheap, and proven.
---
Back to the PLAN.
1. LRASM concept appears to be of limited use to Chinese armed forces: PLANAF(coastal units) and PLAAF already have hi/lo mix of suitable weapons (IMHO - far more suitable for Chinese needs); LRASM doesn't fit there. The only exception where LRASM-like weapon checks all the boxes is carrier aviation, but more precisely - air groups of new 003-class carriers: here catapults are really paramount,
LRASM configurations are heavy. Is it worth a new weapon? I personally don't know, there is unlikely to be enough 003-class carriers in the coming decade, and LRASM concept is inherently an intermediate one(2030s will probably need a new weapon).
For 001-type air groups, it's probably uncomfortably heavy.
2. As a ship-borne weapon it doesn't make almost any sense: there where it's suitable - it's too expensive
and heavy (ship-launched version weighs 2 tons!). There where its weight and price aren't that much of a problem - egh, YJ-18 is already there, why bother?