Chinese quantum sector will need time to mature

Significance Over the past few years, Beijing has intensified its efforts to become the global leader in quantum technologies. Currently, the sector’s development is mostly in state hands, and increasingly insular. However, the industry’s infancy has not stopped Washington from imposing sanctions and bans on US investment in Chinese quantum firms. Impacts Private-sector investment in China’s quantum sector will continue to be crowded out by government money. China’s quantum development model will focus more on ready-to-use applications and less on fundamental science. Sanctions could affect the relationship between China and third-country partners.