China's central SOEs upgrade open source platform to deepen AI collaboration

An updated version of an artificial intelligence (AI) open source platform was launched Friday at the ongoing 2026 World AI Conference (WAIC) and High-Level Meeting on Global AI Governance, marking an important step in promoting AI applications and collaboration in state-owned enterprises (SOEs) directly administered by the Chinese central government.

The AI open source platform, named "the Huanxin Community", was originally launched by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council in July last year.

Bringing together central SOEs, private companies, universities and research institutes, the Huanxin Community features computing power, industry-specific AI models, high-quality datasets, and diverse application scenarios.

The open-source platform offers free public access to 2,200 domestically produced intelligent computing cards, and has aggregated more than 4,700 AI models and 1,200 datasets.

At a WAIC forum on high-quality AI development in enterprises, the SASAC unveiled the Huanxin Community 2.0, which introduced the "Model-Data Resonance Space", a new infrastructure designed to facilitate coordinated development between AI models and big data.

"We have leveraged the comprehensive strengths of computing power, networks, and data technologies to innovatively develop a new type of infrastructure known as the 'Model-Data Resonance Space'. It will enable the data sharing within the domain, model training, full process traceability, and value sharing," said Tao Tao, vice general manager of the Digital and Intelligent Business Division of China Mobile, the organizer of the forum.

During the forum, a series of high-value AI application scenarios from central SOEs were also released. One notable example is an AI-powered hydropower management system implemented at nine hydropower stations and four photovoltaic projects in southwest China's Guizhou Province. The system has optimized operations and enabled the yielding of an additional 980 million kWh of electricity last year.

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 49 pips to 6.7249 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.