At the 2026 Bund Conference main forum, Lu Chaoyang, executive dean of the USTC
Shanghai Research Institute, said quantum computing is important but currently
immature and not a universal accelerator. He said quantum offers true speedups
only for problems with specific mathematical structure; to date there is no
scientific consensus that quantum computing has delivered practical acceleration
in finance, and there are no accepted quantum speedup algorithms for today’s
large-model training.