Beijing ramps up computing power to boost ‘token economy’ in tech race with US
Beijing is ramping up its computing power and unveiling new policies to boost the city’s “token economy”, as China accelerates AI adoption across key industries in its tech race with the US. The Chinese capital aims to add another 50,000 petaflops of intelligent computing power in the second half of 2026, pushing its total capacity over 130,000 petaflops by the end of the year, the Beijing Municipal Bureau of Economy and Information Technology said at a press briefing on Tuesday. One petaflop is
Record details
Published: 22 July 2026
Source: SCMP Tech (HK/CN)
Category: News
Topics: Jobs & economy
Retrieved: 23 July 2026
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ethics.ai (22 July 2026), “Beijing ramps up computing power to boost ‘token economy’ in tech race with US,” evidence record 12912, https://ethics.ai/record/12912 (originally published by SCMP Tech (HK/CN)).
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