How tech giants are fueling the token-as-currency dynamic:
What this means: Tokens have moved from a niche technical metric to a strategic corporate resource in China. They are used to measure employee productivity, allocate internal AI budgets, compete for market share (ByteDance, Alibaba, Tencent, Xiaomi, and DeepSeek are all vying for dominance), and are now formally recognized by the state as a unit of economic settlement. The ByteDance employee burning a billion tokens a month and still being mid-tier in his department underscores that at China's largest AI-native companies, token consumption has become a primary internal currency of work output and efficiency .