If his character and recent comments about the youth are anything to go by, I'd say yes. He specifically said this regarding James just two weeks ago...
https://www.standard.co.uk/sport/football/chelsea/chelsea-stalwart-cesar-azpilicueta-backs-reece-james-to-be-next-big-thing-at-stamford-bridge-a4220041.html
Furthermore, James isn't going to be able to play every game, week in week out at this point and gotta take loss of form, injuries etc into consideration. Azpi will still get his share of games.