Yes.
According to the query on the official website of the National Natural Science Foundation of China, the "National Natural Science Foundation of China Project Guide" stipulates requirements for the National Outstanding Youth Project and the Outstanding Youth Project: the National Science and Technology Talent Program at the same level can only undertake one.
During the support period of any category of the National Science and Technology Talent Program at the same level and after the end of the support period, applicants are not allowed to apply for the National Science Fund for Distinguished Young Scholars.