New report by the Quantum Insider illustrates Chinas journey as global leader in quantum investment and research

The Quantum Insider (TQI) has released a report on China’s emergence as a leader in quantum technology investment and research. The report covers historical investment trends, regulatory developments, key Chinese quantum companies, and investors, and highlights the importance of quantum in security and defence applications. China is considered the global leader in quantum communications, and ongoing education modernisation initiatives aim to address any talent issues in the future. China is estimated to have committed significant government funding to quantum technologies, with confirmed funding of at least $4 billion and sources guiding to the funding of over $17 billion. The report notes that close public-private cooperation and significant government involvement are driving China’s advancements in quantum technology.