Global daily token consumption has surged nearly 300-fold over the past two years, significantly boosting AI applications such as text-to-video and intelligent shopping, according to Yang Chaobin, CEO of Huawei's ICT BG, at the Mobile World Congress. Over 30 million AI agents are now operating collaboratively worldwide, with China's domestically developed large models seeing a surge in global API calls. This expansion is driving increased computing capacity and a sharp rise in electricity demand. China's electricity generation reached approximately 10 trillion kilowatt-hours in 2024, surpassing the combined total of the United States and the European Union. This growth underscores China's industrial strength and its role in supporting AI development. Despite U.S. tariff blockades, China's low-cost token production continues to supply global markets, with models like Zhipu's GLM Coding Plan and Kimi K2.5 gaining rapid popularity. China's strategy of leveraging low-cost tokens is reminiscent of its earlier global expansion through affordable labor and textiles, now serving as a subsidy for Silicon Valley's application layer.