2026-06-25
From June 23 to 25, the 17th Annual Meeting of the New Champions (Summer Davos Forum) of the World Economic Forum was held in Dalian. Premier of the State Council Li Qiang attended the opening ceremony and delivered a speech.
This year's forum, themed "Scaling Innovation," focused on cutting-edge technological fields such as artificial intelligence, quantum technology, new energy, and biomedicine, as well as global political and economic affairs. Over 1,700 participants from more than 90 countries and regions attended the event.
Image credit: Xinhua News
Logical Qubit Technology was recommended to participate in the forum. The company's Chief Operating Officer, Wang Yonghuan, served as a panelist in the global discussion session titled "Quantum Technology: Regional Strategies and Industry Applications." During this thematic discussion, representatives from the quantum technology sector across China, the United States, the European Union, Israel, Japan, India, Singapore, and other regions engaged in dialogues on regional quantum technology development policies and landscapes, bottlenecks in quantum technology advancement, commercialization pathways, and the optimal timing for quantum technology investment.
Key takeaways from the discussion:
"The primary catalyst for the explosive growth of quantum computing in China over the past year has been the '15th Five-Year Plan' policy. Quantum computing is currently in its early stages, facing dual challenges of technological breakthroughs and engineering scalability, alongside the persistent question of how to achieve sustainable commercialization. However, investment institutions and industry players in China remain highly enthusiastic about investing in quantum computing and integrating it with their own business operations – driven not only by government policy but also by the desire not to miss the immense opportunities presented by future industries."
"Following the '15th Five-Year Plan,' a large number of quantum technology companies have emerged in China. The quantum technology competition is currently in a phase of ecosystem positioning. The consensus among investment institutions and industry players is to identify and invest in leading teams with deep technological expertise and partner with them. From this perspective, the best time to invest in the quantum technology industry is now. Commercialization will remain a core concern, but technological accumulation and breakthroughs will determine who has a greater probability of succeeding."
On June 24, Logical Qubit Technology was invited to participate in the High-Quality Development Exchange Conference for Private Enterprises hosted by the Dalian Municipal People's Government. The company joined over 200 private entrepreneurs to exchange views on new pathways for high-quality development of the private economy and future opportunities in the quantum technology industry.
