【Token Has a Chinese Name—'词元' (Ci Yuan)] At the China Development High-Level Forum 2026 Annual Meeting held on the 23rd, Liu Liehong, Director of the National Data Bureau, provided a clear definition: Token, referred to as '词元' (Ci Yuan) in Chinese, is not only the value anchor in the intelligent era but also the 'settlement unit' connecting technological supply and commercial demand, offering quantifiable possibilities for the implementation of business models. This officially establishes the translation of Token as '词元.' What exactly is '词元,' a trendy new term in the tech world? What does the increase in '词元' invocation volume signify? Here's an in-depth explanation. China's Daily '词元' Invocation Volume Exceeds 140 Quadrillion Liu Liehong also revealed a set of astonishing figures during the forum: By the end of 2025, over 100,000 high-quality datasets had been established nationwide. As of March this year, the daily invocation volume of Tokens ('词元') in China has exceeded 140 quadrillion, marking a more than 1,000-fold increase compared to the 100 billion at the beginning of 2024. Compared to the 100 quadrillion at the end of 2025, this represents a growth of over 40% in just three months. (CCTV News)