token economy

China is rapidly developing a "token economy" as the use of Artificial Intelligence (AI) surges. Experts indicate that AI tokens, initially a technical metric, are evolving to become the fundamental basis for delivering and pricing AI services. This development signifies a new stage in China's digital economy, following the data and computing economies. Beijing, in particular, is significantly increasing its computing power and implementing new policies to foster this token economy, aiming to establish itself as a leader in AI technology. This strategic move is part of a broader tech race, especially with the United States, and highlights the growing importance of AI adoption across various industries. The token economy is thus becoming a crucial element in China's technological advancement and economic strategy.