Quantum technologies could be the key to resolving global issues from climate change to improving drug-delivery times. China has committed $15.3 billion in public funds in quantum computing investments, which is more than double that of EU governments ($7.2 billion) and eight times what the United States has pledged to spend ($1.9 billion).
![Betting big on quantum](/~/media/mckinsey/featured%20insights/charting%20the%20path%20to%20the%20next%20normal/2022/sept/gifs/quantum-tech-ex4-v2-shrunk-timed.gif)
To read the article, see “Quantum computing funding remains strong, but talent gap raises concern,” June 15, 2022.