Liu Liehong, Director of the National Data Administration: In March of this year, China's daily average token usage exceeded 140 trillion yuan, representing a more than 1,000-fold increase in two years.

Liu Liehong, Director of the National Bureau of Data Science and Technology, stated in his speech at the China Development Forum 2026 on March 23 that tokens are not only value anchors in the intelligent era but also "settlement units" connecting technology supply and business demand, providing quantifiable possibilities for the implementation of business models. At the beginning of 2024, China's daily token usage averaged 100 billion; by the end of 2025, it had jumped to 100 trillion; and in March of this year, it had exceeded 140 trillion, representing a more than 1,000-fold increase in two years. (Shanghai Securities News) (Jinshi Data APP)