CMSC: Continuous Breakthroughs in Three Major Fields of Quantum Technology, Industrialization Opens New Cycle of Development.

CMSC released a research report stating that quantum technology, based on the basic principles of quantum mechanics and relying on characteristics such as quantum superposition, quantum entanglement, and quantum non-cloning, is mainly applied in three major areas: quantum computing, quantum communication, and quantum precision measurement. As the frontier direction of a new round of technological revolution and industrial transformation, quantum technology is a major innovative field that has a disruptive impact on the traditional information technology system and has become a strategic high ground for global technological competition and industrial layout. Currently, quantum technology is at a critical stage of transition from scientific breakthrough to industrial exploration, and is expected to accelerate the construction of new momentum for future industrial development. The main points of CMSC are as follows: Policy and funding drive, support for industrial development continues to strengthen The strategic positioning of quantum technology in China continues to rise, from the launch of major technology projects in the "13th Five-Year Plan" to listing quantum technology as the first of six future industries in the "15th Five-Year Plan," the policy system is gradually improving. Globally, there has been a pattern of intensive investment, with over 30 countries investing over $35 billion, the EU investing over 11 billion in the past five years, and the US government pledging $1 billion by 2025. As the national team in the information and communication sector, the three major operators are intensifying their layout of quantum technology based on cloud networks, customers, and industrial chain capabilities: China Telecom Corporation has invested 3 billion to establish China Telecom Quantum Group and control Quantumctek Co., Ltd.; China Mobile Limited has invested in 7 quantum technology companies including Huayi Quantum, Bose Quantum, Xintong Quantum, Guoke Quantum, Benyuan Quantum, Turing Quantum, and Zhongweidaxin; China United Network Communications focuses on technological innovation and infrastructure construction - the three-party cooperation leads the high-quality development of China's quantum technology industry. Continuous technological breakthroughs in the three major areas, industrialization continues to accelerate Quantum communication has achieved large-scale commercial use ahead of other fields through Quantum Key Distribution (QKD) technology, becoming the most industrialized area currently; Quantum computing is in the Noisy Intermediate-Scale Quantum (NISQ) stage, with multiple hardware technology routes developing in parallel, and key technologies such as quantum error correction continue to make progress; The civilianization process of quantum precision measurement is accelerating, with products such as microwave atomic clocks and quantum magnetometers gradually entering commercial applications. Global competition is intensifying, and the strategic value is increasingly prominent As the core track of technological competition, major economies have included quantum technology as an important development direction, with China, the US, and the EU competing to invest significantly in quantum chips, quantum error correction technologies, and other core areas. China's quantum technology has made a historic leap from lagging behind to leading in some areas, with quantum communication research holding a leading position internationally, quantum computing research establishing an international leading position, and quantum precision measurement entering the international forefront in multiple directions. Application scenarios continue to expand, and industry market space is gradually opening up With the continuous increase in demand for information security, the application of quantum communication in high-security demand areas such as finance, government affairs, and data centers is gradually increasing; Quantum precision measurement shows broad application prospects in navigation positioning, earth exploration, medical equipment, and other directions; Quantum computing is expected to play an important role in fields such as material design and drug development in the future. With the release of downstream demand and the continuous improvement of the industrial ecology, the quantum technology industry is expected to enter a period of accelerated expansion. Risk warning: risks related to changes in the macroeconomic environment, uncertainty in technological research and development and roadmap evolution, risks of longer-than-expected commercial application landing and value realization cycles, risks related to immature industrial ecology and fragile supply chains, risks of global competition and geopolitical risks, risks of increased capital investment and continuous financing needs.