Huawei's Li Peng: Token Economy to Bring Huge Development Opportunities

According to Odaily, "The era of the Token economy has arrived. China's daily average Token consumption has surged to 180 trillion, with a new model emerging every 1.5 days on average, driving explosive growth in connectivity and computing, which will bring enormous development opportunities," said Li Peng, Senior Vice President of Huawei, President of ICT Sales & Service, and President of the China Region, at the Huawei China Partners Conference 2026 on March 19. Li Peng predicts that with the acceleration of industry intelligence upgrades, the market demand for deterministic networks, data center interconnection, and industrial supercomputing will explode. It is estimated that this will bring over 800 billion yuan in market opportunities to the ICT industry by 2026. By 2030, the scale of China's AI-related industries is expected to exceed 10 trillion yuan. (Shanghai Securities News)