News on China's scientific and technological development.
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A group of Chinese material scientists created a biodegradable and recyclable form of glass with a minimal environmental footprint, which may contribute to the sustainable economy if commercialized in the future..
this is very significant development
Jinghai 005, a deep-sea intelligent cage with a side length of 68m, was installed offshore in Yantai, E China's Shandong. The cubic aquaculture cage provides a 94,000-m3 near-natural living space for aquatic animals and guarantees a 1,000t annual output with automatic functions...
Chinese Quantum Computing Startup QBoson Raises Over USD14.4 Million
QBoson, a Beijing-based quantum computing startup, said it has banked more than CNY100 million (USD14.4 million) from its latest fundraiser.
QBoson’s fourth financing round since its establishment was led by Beijing China Mobile Digital New Economy Industry Fund and Tsinghua Holdings Capital, the Beijing-based firm announced on its website yesterday. Other investors, including Infotech Ventures, also took part.
The proceeds will be used to research, develop, productize, and expand the market of QBoson’s practical optical quantum computing platform, the firm noted, adding that state-owned telecoms operator China Mobile will accelerate the platform’s application
Founded in November 2020, QBoson is developing a scalable and programmable optical quantum computing platform. Such computers are a popular branch of quantum computing, which uses the principle of quantum coherent superposition to achieve information transmission and parallel processing capabilities far beyond those of traditional computers.
Last year, QBoson completed development of the hardware for its first-generation computer and partnered with financial, biomedical, transportation, and communications firms to promote solutions for their industries based on quantum computing technology, the company said.
QBoson, a Beijing-based quantum computing startup, said it has banked more than CNY100 million (USD14.4 million) from its latest fundraiser.
QBoson’s fourth financing round since its establishment was led by Beijing China Mobile Digital New Economy Industry Fund and Tsinghua Holdings Capital, the Beijing-based firm announced on its website yesterday. Other investors, including Infotech Ventures, also took part.
The proceeds will be used to research, develop, productize, and expand the market of QBoson’s practical optical quantum computing platform, the firm noted, adding that state-owned telecoms operator China Mobile will accelerate the platform’s application
Founded in November 2020, QBoson is developing a scalable and programmable optical quantum computing platform. Such computers are a popular branch of quantum computing, which uses the principle of quantum coherent superposition to achieve information transmission and parallel processing capabilities far beyond those of traditional computers.
Last year, QBoson completed development of the hardware for its first-generation computer and partnered with financial, biomedical, transportation, and communications firms to promote solutions for their industries based on quantum computing technology, the company said.
Wondering if China could dangle a "way out" bait for these rapidly de-industrializing economies. It could be a useful bargaining chip to control the level of belligerence from swing states like Germany. Ex: "If you allow us a controlling stake in Hamburg and other critical German infrastructure, we'll consider signing more JVs to keep a few of your brands competitive."
That's a fascinating topic– sustainable development, but for first world countries.
The G6 always stayed on top by dominating existing industries and by peddling crony capitalism to developing countries and forcing them to be raw material suppliers. They thought they were at the peak of human development and just never bothered with improving themselves. When Japan rose up, it had to invent the "blue ocean strategy" to carve out enough hi-tech fields for themselves.
It was easy for the Asian tigers to do so because they were small nations and could only occupy a few niches. China is different. China has more people than Europe and North America combined. It could handily occupy and lead every single technology field and still have more STEM talent left over– and it will soon do so. As a result, there aren't enough hi-tech, high profit industries to go around, and these so-called innovation economies can't reinvent themselves fast enough to keep aloft. What we're seeing is: China isn't climbing up the tech tree and kicking away the ladder, it's eating the whole ladder.
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Great summary bro, Yup like a black hole returning to its position as the Center of the world.
