Beijing Accelerates Token Economy Rollout with New AI Industrial Plan
6 reports, 1 independent
Updated Mon 00:00
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What happened
Beijing unveiled an action plan in late September to accelerate the token economy for 2026-2028. This initiative is the first provincial-level policy in China dedicated to the token economy. Liu Yong, president of the Zhongguancun Internet Finance Institute, noted that the token economy has officially entered a stage of industrial application.
From iranherald.com
Why it matters
The action plan calls for building world-class token factories and establishing tiered evaluation standards. This effort aims to ensure a large-scale supply of high-quality tokens, which China has adopted as the official unit for measuring and tracking AI service usage.
From iranherald.com