Ministry of Industry and Information Technology: In the first half of the year, China's internet enterprises above designated size achieved a total profit of 63.96 billion yuan

2023-08-01

On the 31st, the website of the Ministry of Industry and Information Technology released the operation status of the Internet and related service industries in the first half of 2023. In the first half of the year, internet business revenue maintained a slight growth, while total profit growth remained at a relatively high level. The overall operation of the internet business has maintained a slight increase in revenue. In the first half of the year, internet and related service enterprises above designated size in China (hereinafter referred to as internet enterprises) achieved internet business revenue of 643.3 billion yuan, a year-on-year increase of 2.6%. The total profit growth rate of the website of the Ministry of Industry and Information Technology has maintained a relatively high level. In the first half of the year, China's internet enterprises above designated size achieved a total profit of 63.96 billion yuan, a year-on-year increase of 27.6%. Operating costs increased by 7.4% year-on-year, an increase of 2.4 percentage points compared to the first quarter. R&D funding continues to decline. In the first half of the year, Chinese internet enterprises above designated size invested a total of 30.54 billion yuan in research and development, a year-on-year decrease of 6.8%. The revenue of enterprises in the field of information services has slightly shrunk. In the first half of the year, the internet business revenue of enterprises mainly focused on information services (including news and information, search, social media, games, music and videos, etc.) decreased by 2.5% year-on-year. The income of enterprises in the field of life services has slightly increased. In the first half of the year, platform enterprises mainly providing daily life services (including local living, car rental, tourism, financial services, automobiles, housing, etc.) saw a year-on-year growth of 9.5% in their internet business revenue. The revenue of enterprises in the field of online sales is growing rapidly. In the first half of the year, the internet business revenue of enterprises that mainly provide online sales services (including bulk commodities, agricultural and sideline products, comprehensive e-commerce, medical supplies, express delivery, etc.) increased by 37.4% year-on-year. The operation situation of different regions has maintained a slight increase in internet business revenue in the eastern region. In the first half of the year, the eastern region achieved internet business revenue of 598.6 billion yuan, a year-on-year increase of 3.8%. The growth rate was 0.9 percentage points higher than the first quarter and 1.2 percentage points higher than the national growth rate, accounting for 93.1% of the national internet business revenue. The central region achieved an internet business revenue of 21.74 billion yuan, a year-on-year decrease of 7.5%. The western region achieved an internet business revenue of 21.22 billion yuan, a year-on-year decrease of 10.7%. The Northeast region achieved an internet business revenue of 1.69 billion yuan, a year-on-year decrease of 39.7%. Nearly half of the regions have achieved positive growth in internet business growth. In the first half of the year, Beijing (with an increase of 0.8%), Shanghai (with an increase of 13.7%), Zhejiang (with an increase of 2.4%), Guangdong (with a decrease of 5.5%), and Tianjin (with an increase of 24.7%), which ranked among the top five in terms of cumulative internet business revenue, completed a total of 564 billion yuan in business revenue, a year-on-year increase of 4.9%, accounting for 87.7% of the national (excluding cross regional enterprises) proportion. There are 14 provinces (districts, cities) that have achieved positive growth in the national internet business growth rate. According to statistics from the national APP technology testing platform, as of the end of June, the number of active apps monitored in the domestic market in China was 2.6 million (including Android and Apple stores). The number of mobile application developers is 830000, including 250000 Android developers and 580000 Apple Developer. In June,

Edit:XiaoWanNing    Responsible editor:YingLing

Source:China News Network

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