No. The US prioritises corporate profit over everything else - even to the point of sacrificing its hegemony.
China just wants to be powerful.
China realized a long time ago that that is the American achilles heel and exploited it by creating long term economic dependency on them in exhange for short term profit.
The Soviet Union, and Japan both threatened U.S. economic hegemony, but ultimately saw growth stagnate when the economy ran out of people to throw at the growth engine.
China is starting to look like they can keep the growth engine running even in the industrialized city centers, creating new products and services which rival their western counterparts. If this continues then China could reasonably rival the US and EU on both standard of living as well as total economic power.
It's making the CCP jittery, which is a theory behind the increasing authoritarianism in the country now.
As for the policies that worked there - Deng Xiaoping said "black cat, white cat, if it catches mice it's good cat". But today the popular thing in America is to talk a lot about the ideology of being black or white, and just forget about that catching mice thing.
implying that this is the pinnacle? May be it is possible that they blaze a new way. May be it is possible that they remain as they are, for extended periods of time, or become the next super power.
And attaching my pet theory - China has transformed their society, radically for the better, in 1 generation. As far as I can tell the American press has taken no interest whatsoever in seriously figuring out what happened beyond very surface level analysis. Are the policies that worked in Asia even serious contenders for implementation in America?