Not exactly. There is a great deal of ambiguity as to whether or not Jr.'s parents are the same Shaoran and Sakura from CCS--Lady Sakura, Jr.'s mother, says that the Sakura who gave her the Star Staff (who is most likely the Sakura from CCS) was "from another world." Possibly this could mean that the Sakura with the Star Staff was a younger version of Lady Sakura, but personally I think that Jr.'s parents are not the same Shaoran and Sakura from CCS. In retrospect, Jr.'s inheriting the name and the sword seem rather not CCS-worldly. Neither do his parents' clothes.