He Yang, deputy director of the Cloud Computing and Digitalization Institute at
the China Academy of Information and Communications Technology (CAICT), said
rapid AI-driven growth is lifting computing-power demand and market size,
creating an urgent need for market-based pricing and risk-hedging instruments.
International markets have begun developing computing-power financial products;
CAICT has spent nearly two years researching the field and has built preliminary
foundations for a computing-power financial index system, billing/measuring
standards and derivative structures including computing-power futures. He said
China is entering a window to move from theory to industry pilots and should
start institutional design and market cultivation to preserve space for future
innovation. Overall China has preliminary conditions to explore computing-power
futures research, but several key links remain to be solved before mature
products can be launched.
