TechFlow news, on July 18, Wei Liang, Vice President of the China Academy of Information and Communications Technology, stated that China's daily average Token call volume has surged from approximately 100 billion in early 2024 to 140 trillion by the end of March 2026, representing a growth of over a thousand times. Agents are giving rise to a completely new economic form, namely the "Token Economy". Token, referred to as lexical units in Chinese, is an important unit for large models to process information and measure model call costs. Its growth rate is the most intuitive barometer of industry development. In the era of Agents, a single user command may trigger multiple rounds of model calls and resource consumption, directly driving an explosion in artificial intelligence computing power demand. With the scaled application of Agents, a series of new models revolving around Token measurement, scheduling, pricing, and trading are taking shape.
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