China Academy of Information and Communications Technology: In the past two years, China’s average daily token call volume has grown by over 1,000 times.

PANews July 18 news: According to Caixin Global, in the program “China Economic Lecture,” Wei Liang, Deputy Director-General of the China Academy of Information and Communications Technology, said that our country’s average daily Token call volume has risen from about 100 billion at the beginning of 2024 to 140 trillion at the end of March 2026, an increase of more than 1,000 times. Agents are giving rise to an entirely new economic form—“Token economy.” “Token” in Chinese is called “ci yuan,” an important unit used by large models to process information and measure the cost of model calls. Its growth rate is the most direct barometer of industrial development. In the era of agents, a single user command may trigger multiple rounds of model calls and resource consumption, directly driving a surge in demand for artificial intelligence computing power. With the large-scale application of agents, a series of new models surrounding Token measurement, scheduling, pricing, and trading are taking shape.