The short answer is yes. You don't have to take my word for it. You can listen to the words of the man himself. In a speech delivered at the 7th session of the Communist Party's finance and economic committee in April 2020, Xi Jinping said that China will aim to form a counterattack and deterrence against other countries by fostering killer technologies and strengthening the global supply chain's dependence on China.
That is a very literal translation, Mr. Genuis. You can see quite clearly that this is an explicitly stated strategy of the Chinese Communist Party. Why governments around the world continue to sleepwalk into this is a question that is completely beyond me.