The European Commission has rolled out two groundbreaking strategies aimed at catapulting the EU to the forefront of quantum and life sciences by 2030. With a clear focus on research, innovation, and infrastructure, the quantum strategy tackles key areas from ecosystem development to space and dual-use technologies 🚀.
The EU has already invested 11 billion euros over the past five years in quantum research, with projections suggesting the sector could reach a staggering 155 billion euros by 2040. Meanwhile, the life sciences strategy is all about accelerating medical breakthroughs — from next-generation vaccines and affordable cancer treatments to innovative climate change adaptations — by mobilizing 300 million euros.
These bold moves come as the EU recognizes stiff competition from global tech pioneers, including the United States and the Chinese mainland. By streamlining its innovation ecosystem, the Commission is determined to turn challenges into opportunities for growth and collaboration.
For tech-savvy innovators and young professionals across South and Southeast Asia, this dynamic shift is a reminder that groundbreaking change knows no borders. Whether you're coding in bustling Mumbai, brainstorming in vibrant Jakarta, or innovating in hi-tech Singapore, the EU's strategy resonates with the spirit of global progress and cross-border collaboration.
Reference(s):
cgtn.com