Just want to clarify here.
Those who think that CAAS require 700 for a Professional Pilot's License need to read the Air Safety Publication properly.
As per the regulations, you need 200 hours for a Professional Pilot's License IF you are following CAAS approved syllabus (approved school).
700 hours is for those who didn't, so those who want to covert from overseas require 700 hours to convert to CAAS.