Core Insights - Quantum technology is a strategic emerging field crucial for national information security, experiencing rapid market growth under national strategic guidance, with China's market size projected to grow from 4.523 billion yuan in 2015 to 13.104 billion yuan in 2024, reflecting a compound annual growth rate of 12.55% [1][14] - Significant breakthroughs in quantum technology are anticipated globally in 2024, transitioning from theoretical research to practical applications, with advancements in quantum computing platforms and quantum communication systems [1][14] - The development of quantum technology is expected to drive the next technological revolution, providing new tools and perspectives for exploring the unknown [1][14] Industry Overview - Quantum technology integrates principles of quantum mechanics with information science, computing, and materials science, focusing on information acquisition, processing, and transmission through quantum effects [4][13] - The industry primarily encompasses three core areas: quantum computing, quantum communication, and quantum precision measurement [4][13] Industry Development History - The Chinese government has emphasized the importance of advancing quantum technology, with strategic planning and support increasing since 2020 [6][9] - Notable achievements include the successful development of the "Zu Chongzhi No. 3" quantum computing prototype in March 2025, positioning China among the global leaders in superconducting quantum computing [1][7] - Recent advancements include the establishment of a 300-kilometer quantum direct communication network, validating the feasibility of long-distance secure communication [1][7] Industry Policies - The Chinese government has prioritized quantum technology in its "14th Five-Year Plan," aiming to implement significant national projects in frontier fields like quantum information [9][10] - The upcoming "15th Five-Year Plan" is expected to further promote quantum technology as a new economic growth point, alongside other emerging industries [9][10] Industry Value Chain - The quantum technology industry chain includes upstream components and technology development, midstream core equipment and system development, and downstream applications across various sectors such as cloud computing, finance, and defense [10][11] Market Size and Trends - The global quantum technology market is projected to reach $8.02 billion in 2024, with a year-on-year growth of 10.77%, and is expected to grow to $11.93 billion by 2025 [13] - Quantum computing dominates the market, accounting for 64.92% of the total, with North America leading in technological breakthroughs and industry applications [13][14] Key Companies - Major players in the Chinese quantum technology sector include China Great Wall Technology Group, Keda Technology, State Grid Information Communication, and others, contributing to a diverse competitive landscape [2][16] - China Great Wall Technology has reported significant growth in its computing industry, achieving a revenue of 5.148 billion yuan in the first half of 2025, a year-on-year increase of 9.63% [16] - Wuhan Guangxun Technology focuses on optical electronic devices and has seen a substantial increase in revenue from its data and access business, growing by 149.16% year-on-year in the first half of 2025 [16][17] Future Development Trends - Quantum computing is expected to overcome hardware performance bottlenecks, enhancing stability and developing new quantum bit architectures [17] - Quantum communication aims to establish broader and faster quantum key distribution networks, facilitating the construction of a future quantum internet [18] - Quantum measurement technology is anticipated to achieve significant precision improvements, expanding its applications in various fields [19]

《 人民日报 》（ 2025年11月22日 02 版） (责编：胡永秋、杨光宇) 新华社南京11月21日电 国务委员兼国务院秘书长吴政隆18日至21日在安徽、江苏调研经济运行、政务 服务等工作。他强调，要深入学习贯彻习近平总书记重要指示和党的二十届四中全会精神，切实把思想 和行动统一到党中央、国务院决策部署上来，紧紧围绕高质量发展主题，统筹发展和安全、兼顾当前和 长远，细化落实各项政策举措，加强跨年度工作衔接，着力稳就业、稳企业、稳市场、稳预期，坚定信 心、克难奋进，全力以赴完成全年经济社会发展目标任务。 吴政隆先后到合肥市、蚌埠市和无锡市、南京市，实地调研新能源汽车、人工智能、量子科技、新材 料、商业航天等企业和政务服务中心，并与有关地方政府、企业座谈交流。他指出，当前我国经济运行 总体平稳、稳中有进，要保持定力、坚定信心，坚持扩大内需这个战略基点，因地制宜发展新质生产 力，加快建设现代化产业体系，纵深推进全国统一大市场建设，进一步优供给、拓场景、促消费、育动 能，畅通国内国际双循环。加强普惠性、基础性、兜底性民生建设，有效防范化解重点领域风险，实现 高质量发展与高水平安全良性互动。 吴政隆强调，好的营商环 ...

Group 1 - The 2025 Quantum Science and Industry Conference was held in Hefei, Anhui, showcasing the latest achievements in quantum technology and promoting collaboration in the industry [1][2] - The conference theme "A Century of Quantum: Intelligence to Ignite the Future" focused on key aspects such as technological breakthroughs, results transformation, and innovation in application scenarios [2] - Major achievements announced included the "Zu Chongzhi No. 3" quantum computing record, advancements in neutral atom quantum computing, and intercontinental quantum key distribution over 12,900 kilometers [2][4] Group 2 - The conference featured 117 participating companies, a 120% increase from the previous year, and an exhibition area of 10,000 square meters, doubling from last year [4] - The event introduced several firsts, including the use of holographic projection technology to display the structure of superconducting quantum computers and a dedicated application exhibition area for quantum technology across various industries [5][6] - The Anhui provincial government announced a plan to implement over 1,000 application scenarios by 2027 and over 3,000 by 2030, focusing on quantum secure communication, quantum computing, and quantum precision measurement [6] Group 3 - Quantum communication is now scalable, while quantum precision measurement is advancing from isolated scenarios to broader applications [7][8] - Experts highlighted the disruptive potential of quantum computing, which could revolutionize problem-solving in fields such as molecular drug optimization, finance, logistics, and information security [7][8] - The quantum computing industry is expected to reach a scale of hundreds of billions within five years, with significant growth anticipated from 2031 onwards as various specialized quantum computers emerge [8]

Core Viewpoint - The "15th Five-Year Plan" emphasizes the transformation of the economy towards high-quality development, focusing on new productive forces as the main engine for growth, with a shift in investment paradigms towards technology innovation and industrial upgrading [1][2]. Group 1: Economic Development and Investment Opportunities - The "15th Five-Year Plan" highlights the importance of expanding domestic demand and improving income distribution to drive consumption as a key growth engine [2]. - The plan aims to significantly enhance the level of technological self-reliance, focusing on critical areas such as semiconductor equipment and high-end materials, while also exploring future industries like quantum technology and brain-machine interfaces [2][4]. - Investment logic is shifting from short-term speculation to long-term value, with a focus on companies with technological barriers and continuous innovation capabilities, particularly in advanced manufacturing and hard technology sectors [3][4]. Group 2: Structural Upgrades and Industry Focus - The economic development during the "15th Five-Year Plan" will rely more on structural upgrades rather than scale expansion, with advanced manufacturing and strategic emerging industries as key targets [4][5]. - Investment opportunities are identified in artificial intelligence, quantum technology, biomanufacturing, and commercial aerospace, as well as in the transformation of traditional manufacturing towards smart and green practices [4][8]. - The importance of industry chain collaboration and full-chain layout is emphasized, with a focus on integrating technology, industry, and finance to enhance overall competitiveness [6][7]. Group 3: Capital Market Dynamics - The capital market is expected to evolve with a new valuation system that prioritizes R&D intensity, core patent numbers, and technology conversion efficiency over traditional financial metrics [6][7]. - Long-term capital mechanisms are being improved to support stable funding for technology enterprises, with an anticipated increase in direct financing and a more favorable environment for private enterprises with core technologies [3][6]. - The focus on new energy, new materials, and strategic emerging industries is expected to create significant investment potential as traditional industries undergo transformation [8][19]. Group 4: Policy and Strategic Directions - The "15th Five-Year Plan" sets a clear policy direction for supporting emerging industries while also upgrading traditional sectors, ensuring a balanced approach to economic development [16][19]. - The emphasis on technological innovation as a core strategic priority reflects a commitment to transitioning from a manufacturing powerhouse to a technology-driven economy [19][20]. - Education reforms are aligned with strategic needs to ensure a robust talent pipeline for future industries, particularly in high-demand fields like AI and engineering [20].

吴政隆强调，好的营商环境既是软实力，更是竞争力。要坚持有效市场和有为政府相结合，着力打造市 场化法治化国际化一流营商环境，建设法治经济、信用经济，激发各类经营主体活力。要持续优化政务 服务、提升行政效能，常态化推进"高效办成一件事"，加力推动"一表通"建设，深入整治形式主义，更 好地为基层减负、为企业赋能。 新华社南京11月21日电 国务委员兼国务院秘书长吴政隆18日至21日在安徽、江苏调研经济运行、政务 服务等工作。他强调，要深入学习贯彻习近平总书记重要指示和党的二十届四中全会精神，切实把思想 和行动统一到党中央、国务院决策部署上来，紧紧围绕高质量发展主题，统筹发展和安全、兼顾当前和 长远，细化落实各项政策举措，加强跨年度工作衔接，着力稳就业、稳企业、稳市场、稳预期，坚定信 心、克难奋进，全力以赴完成全年经济社会发展目标任务。 吴政隆先后到合肥市、蚌埠市和无锡市、南京市，实地调研新能源汽车、人工智能、量子科技、新材 料、商业航天等企业和政务服务中心，并与有关地方政府、企业座谈交流。他指出，当前我国经济运行 总体平稳、稳中有进，要保持定力、坚定信心，坚持扩大内需这个战略基点，因地制宜发展新质生产 力，加快建设 ...

Group 1 - The core viewpoint emphasizes that the formulation and implementation of five-year plans is a significant experience for the Chinese Communist Party and a political advantage of socialism with Chinese characteristics [1] - The upcoming "15th Five-Year Plan" is set against a backdrop of instability and uncertainty in the international environment, with global challenges such as climate change, food security, and trade protectionism [1] - High-quality development is highlighted as a key principle for China's economic and social development during the "15th Five-Year Plan" period, focusing on emerging industries like new energy, aerospace, artificial intelligence, and semiconductors [1][2] Group 2 - The "15th Five-Year Plan" suggests that China will actively expand its openness, promote trade innovation, and enhance bilateral investment cooperation, including measures to attract foreign investment [2] - The establishment of the Hainan Free Trade Port is noted as a significant development, with global attention on how China will welcome foreign investment during the "15th Five-Year Plan" [2] - The action plan for the China-Pakistan community of shared destiny (2025-2029) aims to strengthen political trust, economic ties, and security cooperation, aligning with key development areas mentioned in the "15th Five-Year Plan" [2] Group 3 - The world anticipates a higher quality of development from China, with the "15th Five-Year Plan" expected to gradually meet these expectations [3] - The plan is seen as a pathway for China to achieve new breakthroughs in high-quality development and to advance towards a new stage of socialist construction [3] - An open, efficient, and vibrant China is projected to bring more certainty and development opportunities to the world, which are particularly valuable in the current global context [3]

Group 1 - The company holds a 1.40% stake in Guoyi Quantum as of November 21 [2] - The company is actively monitoring and conducting preliminary research in the field of quantum technology, recognizing its potential to bring disruptive changes to artificial intelligence development [2]

Core Insights - The "Zuchongzhi No. 3" has set a new record for "quantum computing superiority" and achieved multi-bit continuous variable quantum entanglement on a photonic chip, showcasing significant advancements in quantum technology [1] - Major achievements in various quantum technology fields were presented, including superconducting quantum computing, neutral atom quantum computing, quantum communication, and quantum precision measurement [1] - The conference highlighted the launch of significant quantum industry projects, including a large-scale quantum security infrastructure by China Telecom and a superconducting quantum computing system solution by Guodun Quantum and China Telecom Quantum Group [1] Group 1: Conference Overview - The conference featured three main components: an opening ceremony, a main forum, and exhibition displays, along with various forums on quantum communication, quantum computing, and quantum precision measurement [2] - The theme of the conference was "A Century of Quantum, Smart Future," and it has been held four times since its inception in 2021, resulting in over 60 cooperative projects [2] - The event is co-hosted by the Anhui Provincial Department of Science and Technology, Hefei Municipal Government, Quantum Technology Industry-Academia-Research Innovation Alliance, and China Telecom Quantum Group [2]

Group 1 - The 2025 Quantum Technology and Industry Conference opened on November 20 in Hefei, showcasing significant achievements in the field [1] - A national high-tech zone quantum industry collaborative innovation network was officially launched, involving nine high-tech zones to enhance the integration of industry, academia, and research in quantum technology [1] - Quantum communication is a focal point in the global quantum technology competition, with the establishment of a quantum password infrastructure standardization technology alliance to create a controllable standard system [1] Group 2 - Financial support is crucial for the thriving development of the quantum technology industry, with Anhui province actively promoting financial initiatives [2] - The conference featured signing ceremonies for quantum technology financial support projects, including the establishment of the first central enterprise quantum industry venture capital fund by China Telecom [2] - The conference theme was "A Century of Quantum: Intelligence to Ignite the Future," with a record number of 117 participating companies and an unprecedented scale of personnel and exhibitions [2]

Core Viewpoint - The Ministry of Industry and Information Technology and the State Administration for Market Regulation jointly released the "Top Ten Key Projects for Measurement Support of New Quality Productivity Development in 2025," focusing on industries such as integrated circuits, artificial intelligence, and new energy, aiming to overcome key measurement technology bottlenecks and enhance the self-sufficiency and security of the industrial chain [1][2]. Group 1: Key Projects Overview - The first batch of key projects includes ten initiatives aimed at addressing critical measurement technology issues in strategic sectors such as information technology, artificial intelligence, aerospace, and new energy [2][4]. - A total of 124 applications were received, with ten projects selected after multiple rounds of expert evaluations [4]. Group 2: Specific Project Highlights - **Integrated Circuits**: The project led by the China National Institute of Metrology focuses on the measurement and standardization of semiconductor chip packaging circuit dimensions, introducing innovative scanning technologies and establishing a dedicated standard system for packaging circuit detection [5]. - **Quantum Technology**: The project aims to enhance the measurement capabilities of cold atom absolute gravimeters under motion, addressing core challenges and supporting national defense and economic development [5]. - **Artificial Intelligence**: This project will establish a measurement testing platform for intelligent perception, focusing on key technologies such as AI data benchmarks and uncertainty assessment of intelligent algorithms [5]. - **New Generation Information Technology**: The project addresses the measurement capabilities for 400G/800G optical communication, filling gaps in high-speed transmission standards necessary for 5G/6G networks [6]. - **New Materials**: The project focuses on calibration technology for superhard materials, providing foundational support for the industry and enhancing China's global competitive position [7]. - **High-end Equipment**: This initiative aims to develop nanometer-level industrial CT detection technology, reducing reliance on imported equipment and supporting high-quality development in the semiconductor and integrated circuit industries [7]. - **Aerospace**: The project will create a measurement testing platform for low-altitude wind fields, facilitating applications in various sectors such as agriculture and emergency rescue [8]. - **Instruments and Meters**: This project focuses on developing high-end multifunctional standard sources to support the growth of the instrument and meter industry [8]. - **Biomedicine**: The project aims to develop portable measurement devices for medical isotopes, addressing current gaps in measurement technology [9]. - **New Energy**: This initiative will establish a measurement technology standard system for carbon capture, utilization, and storage (CCUS), aiming for international comparability and recognition [9].