As of June, China’s daily token calls have exceeded 500 trillion. Chinese large
models are now in the global first tier amid the industry’s fastest, most
intense competitive cycle, and token usage is rising rapidly. One domestic
vendor said its newly released production model logged 68x more token calls in
its first week versus the prior generation. Industry sources say flagship AI
models are updating on roughly monthly cycles and competition is shifting from
model IQ to agent deployment and ecosystem build-out. Xiyu Technology
open-platform chief architect Feng Wen said input pricing is 2.1 yuan per mln
tokens and output 8.4 yuan per mln tokens—below one-tenth the price of some
international models—which has widened application and accelerated exponential
growth in total token calls.
