BRUSSELS, July 2 (Xinhua) -- The European Commission on Wednesday proposed two strategies aimed at positioning the European Union (EU) as a global leader in quantum technologies and life sciences by 2030.

The quantum strategy outlines actions across five key areas, which include research and innovation, quantum infrastructure, ecosystem development, space and dual-use technologies, and skills development.

The EU and its member states have invested 11 billion euros (about 13 billion U.S. dollars) in quantum research over the past five years, and the sector is projected to reach a global value of 155 billion euros by 2040, according to Commission data.

Under the life sciences strategy, the EU plans to strengthen the research and innovation ecosystem and accelerate market access for medical breakthroughs.

As part of the plan, the Commission will mobilise 300 million euros to boost the uptake of life science innovations in areas such as climate change adaptation, next-generation vaccines, and affordable cancer treatments.

According to the European Commission, the EU has been losing ground to global competitors, particularly the United States and China, in both sectors due to fragmented innovation ecosystems and slow industrial and market uptake. (1 euro = 1.18 dollars) ■