MIIT: In the first half of this year, China's large-scale Internet companies completed Internet business revenue of 961.3 billion yuan, a year-on-year increase of 3.1%.

On July 31, the data from the Ministry of Industry and Information Technology showed that in the first half of the year, China's scale of Internet and related service enterprises completed Internet business revenue of 961.3 billion yuan, a year-on-year increase of 3.1%. The growth rate of Internet business revenue accelerated, increasing by 2.2 percentage points compared to the period from January to May; scale above Internet enterprises achieved a total profit of 74.32 billion yuan, a year-on-year decrease of 8.3%, with the profit decline continuously increasing, expanding by 6.1 percentage points compared to the period from January to May; in the first half of the year, China's scale above Internet enterprises collectively invested 48.56 billion yuan in research and development expenses, a year-on-year increase of 2.6%, with the growth rate falling by 1.5 percentage points compared to the period from January to May. The original text is as follows: The operating conditions of the Internet and related services industry in the first half of 2025 1. Overall operating conditions Internet business revenue growth accelerated. In the first half of the year, China's scale above Internet and related service enterprises (referred to as Internet enterprises) completed Internet business revenue of 961.3 billion yuan, a year-on-year increase of 3.1%, with the growth rate increasing by 2.2 percentage points compared to the period from January to May. The decline in total profits continues to increase. In the first half of the year, China's scale above Internet enterprises achieved a total profit of 74.32 billion yuan, a year-on-year decrease of 8.3%, with the decline expanding by 6.1 percentage points compared to the period from January to May. Stable growth in research and development expenses. In the first half of the year, China's scale above Internet enterprises collectively invested 48.56 billion yuan in research and development expenses, a year-on-year increase of 2.6%, with the growth rate falling by 1.5 percentage points compared to the period from January to May. 2. Regional operating conditions The growth rate of revenue in the eastern region is leading, while the growth rate of Internet business revenue in the western region is slowing down. In the first half of the year, the eastern region completed Internet business revenue of 863.3 billion yuan, a year-on-year increase of 5.3%, 2.2 percentage points higher than the national growth rate, accounting for 89.8% of the national Internet business revenue. The central region completed Internet business revenue of 38.04 billion yuan, a year-on-year decrease of 30%. The western region completed Internet business revenue of 58.1 billion yuan, a year-on-year increase of 2.7%. The northeastern region completed Internet business revenue of 1.93 billion yuan, a year-on-year decrease of 18.8%. The Beijing-Tianjin-Hebei region maintains a faster growth momentum in Internet business revenue. In the first half of the year, the Beijing-Tianjin-Hebei region completed Internet business revenue of 331 billion yuan, a year-on-year increase of 7.4%, accounting for 34.4% of the national Internet business revenue. The Yangtze River Delta region completed Internet business revenue of 312.8 billion yuan, a year-on-year increase of 4.6%, accounting for 32.5% of the national Internet business revenue. Over 30% of regions achieved positive growth in Internet business revenue. In the first half of the year, the top 5 regions in terms of cumulative Internet business revenue growth: Beijing (8.2%), Guangdong (7.8%), Shanghai (3%), Zhejiang (10.4%), and Guizhou (5.7%) jointly completed a business revenue of 810.4 billion yuan, a year-on-year increase of 7.1%, accounting for 84.3% of the national Internet business revenue (excluding inter-regional enterprises). 11 provinces (regions, cities) achieved positive growth in Internet business revenue, with Zhejiang, Shanxi, Inner Mongolia, Sichuan, and Shaanxi having growth rates exceeding 10%. This article is selected from the official website of the Ministry of Industry and Information Technology. Editor: Jiang Yuanhua.