China Counterattacks Western Quantum Threats With New Open-Source Cryptography Engine

As rapid advancements in quantum computing threaten to render global encryption systems obsolete, Chinese state-owned enterprises and top military-adjacent research institutions launched a coordinated open-source cryptography initiative to build quantum-resistant defense lines for critical infrastructure. The project, dubbed PQMagic, was officially unveiled Wednesday at the Post-Quantum Cryptography Seminar in Beijing. The coalition was jointly established by Shanghai Jiao Tong University and the Central Enterprise Quantum Talent Innovation Space, a state consortium led by China Telecom under the direction of the State-owned Assets Supervision and Administration Commission. The platform aims to create domestic, production-ready post-quantum cryptography algorithms to secure energy grids,…