"Today, it is aggressively contesting the innovative sectors where the United States has long been the unquestioned leader: aviation, A.I., telecommunications, microprocessors, robotics, nuclear and fusion power, quantum computing, biotech and pharma, solar, batteries."

I think at least in solar and batteries China has already gone beyond "contesting"... and maybe telecommunications and robotics (components)? The others don't seem as clear on China's path to dominance.