Beijing Yizhuang Launches Novel 'Token Economy' Policy Framework

Deep News
Aug 12

Late at night, the Modulus OPC (One Person Company) community in the Beijing Economic-Technological Development Area (Beijing Yizhuang) remains brightly lit. Entrepreneur Li Ming is debugging his intelligent customer service model, with the fluctuating token consumption on the screen signaling that millions of "smart particles" are being called and consumed every second, as vast inference results are combined and delivered.

Recently, the Beijing Economic-Technological Development Area officially released the "Several Measures to Support the High-Quality Development of Token-Driven Intelligent Economy (Trial)" (referred to as the "Ten Token Measures"), marking Beijing's first systematic support policy targeting the entire token industry chain. What is a token? In simple terms, it is the smallest unit of information processed by large models. Every human-machine conversation, image generation, and code output is backed by the flow and consumption of massive tokens. Whoever controls the production, distribution, and consumption of tokens holds the pricing power for core resources in the intelligent economy. Beijing Yizhuang's answer is clear: build factories, establish middle platforms, and expand applications.

In Yizhuang, the city's first token factory, the No.1 Token Factory, is operating around the clock. Inside the computer room, rows of servers flash with a faint blue light, transforming vast amounts of data into callable "smart particles." The newly launched Jing Suan Token Factory shoulders the mission of ensuring state-led computing power. According to the "Ten Token Measures" plan, several more ten-thousand-card-level token factories will be built here in the future. This includes increased support for the research and development of inference-specific chips on the chip side, promoting the coordinated advancement of general and industry-specific models on the model side, and deepening the regulatory sandbox innovation on the data side. An annual allocation of 100 million yuan in computing vouchers and 100 million yuan in data vouchers allows small and medium-sized enterprises to access top-tier computing power affordably.

However, the true breakout point for the token economy lies not in the production end but in the distribution layer. Yizhuang is encouraging tech-driven entities to create a "super entry point" for scheduling and distribution, akin to a "smart application store." This platform transcends different models and computing platforms, offering developers unified calling and settlement services. It functions as a combination of the "shopping hub + app marketplace" of the intelligent era. Policy provides up to 50 million yuan in funding support for operators of such platforms. Concurrently, it explores the construction of a regulatory sandbox for intelligent agent payments, paving a compliant fast track for explosive growth.

On the consumption side, Yizhuang is targeting OPCs. At the Modulus OPC community, we met Wang, who returned from Silicon Valley. Her legal document generation tool consumes hundreds of billions of tokens monthly, serving hundreds of small and medium-sized enterprises. "Previously, calculating costs was nerve-wracking. Now, with token vouchers, consumption costs are subsidized by 50%, saving me over a million yuan a year," Wang said, referring to the annual 100 million yuan token voucher policy benefit from the "Ten Token Measures." More notably, Yizhuang has launched the nation's first multi-model call support model voucher instant redemption platform, upgrading from "post-event subsidies" to "immediate subsidies upon use," with a maximum rate of 65%. The government fund system covers the full cycle from concept validation to scaling. Currently, Beijing Yizhuang boasts over 40,000 square meters of OPC community space, serving more than 500 OPC entities. "During the 15th Five-Year Plan period, we aim to achieve a regional intelligent economy industrial scale exceeding 400 billion yuan," stated the head of the Beijing E-Town Information Technology Industry Bureau.

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