Huawei's Li Peng: The token economy will bring significant development opportunities

SmartContractAuditor

2026-03-19 06:36:16

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Odaily Planet Daily reports: “The era of token economy has arrived. China’s daily token consumption has surged to 180 trillion, with a new model emerging approximately every 1.5 days. This drives explosive growth in connectivity and computing, bringing significant development opportunities.” On March 19, Li Peng, Senior Vice President of Huawei, President of ICT Sales and Services, and President of China Region, stated at the Huawei China Partner Conference 2026. Li Peng predicts that as industry intelligence upgrades accelerate, the market demand for deterministic networks, data center interconnection, and industrial supercomputing will explode. It is expected that by 2026, the ICT industry will see market opportunities exceeding 800 billion yuan. By 2030, China’s AI-related industry scale will surpass 10 trillion yuan. (Shanghai Securities News)

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