Securities Daily: Ci Yuan E-commerce has become a new emerging track for China's digital service trade.

Following the global popularity of the "new three treasures" of new energy vehicles, lithium batteries, and photovoltaic industries, this year China's digital service export track has welcomed a new category - "ciyuan" (word elements). The computational power services surrounding ciyuan have become an emerging track in digital service trade. Unlike physical goods trade relying on cross-border logistics, ciyuan's "going global" business achieves full digital circulation of the entire chain, with lower trade barriers, paving the way for a new path of globalization in China's digital economy. The superficial layer of ciyuan's "going global" is the cross-border circulation of computational services, while the core is the external output of China's entire computational infrastructure capacity. As global AI competition shifts from "whose model is bigger" to "whose supply is more stable", China is not only exporting computational service products, but also synchronously exporting industry standards, regulatory systems, and a complete set of computational infrastructure solutions. Ciyuan is becoming the "digital crude oil" of the intelligent age, and with the support of a complete software and hardware ecosystem, institutional system, and new type of infrastructure, China is steadily growing into the global supply side of core infrastructure for the artificial intelligence industry.