PANews reported on March 24th, citing CCTV News, that Liu Liehong, Director of the National Data Administration, stated at the China Development Forum 2026 that tokens have been officially designated as the value anchor and "settlement unit" connecting technology supply and business demand in the intelligent era, providing a quantifiable foundation for the implementation of business models. This also provides the official translation of "Token" as "word element." He disclosed that by the end of 2025, over 100,000 high-quality datasets had been built nationwide; and by March of this year, my country's daily token usage exceeded 140 trillion, an increase of over 40% compared to the end of 2025, and over 1000 times the 100 billion at the beginning of 2024, demonstrating the accelerated expansion of artificial intelligence application scenarios and the positive interaction between data element supply and utilization.
The official Chinese name for Token is "词元" (cí yuán).
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Author: PA一线
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