Huawei Li Peng: The Token Economy Era Has Arrived, China's AI Industry Scale Will Exceed 10 Trillion Yuan by 2030

Gate News Report, March 19 — Huawei Senior Vice President, President of ICT Sales and Services, and President of China Region Li Peng stated at the Huawei China Partner Conference 2026 that the Token Economy era has arrived. China’s daily token consumption has surged to 180 trillion, with a new model emerging approximately every 1.5 days, driving explosive growth in connectivity and computing, which will bring significant development opportunities. Li Peng predicts that as industry intelligence accelerates, demand for deterministic networks, data center interconnectivity, and industrial supercomputing will surge. By 2026, these will create over 800 billion yuan in market opportunities for the ICT industry. By 2030, China’s AI-related industry scale is expected to surpass 10 trillion yuan.

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