In the first half of the year, large-scale internet enterprises achieved internet business revenue exceeding one trillion yuan, a year-on-year growth of 10.1%.
In the first half of the year, China's large-scale internet and related service enterprises achieved internet business revenue of 1,067.5 billion yuan, a year-on-year increase of 10.1%, with the growth rate dropping by 0.3 percentage points compared to January to May. The profit growth rate accelerated. In the first half of the year, China's large-scale internet enterprises realized total profits of 98.99 billion yuan, a year-on-year increase of 16.6%, with the growth rate increasing by 6.9 percentage points compared to January to May. Research and development expenditure showed steady growth. In the first half of the year, China's large-scale internet enterprises invested a total of 59.55 billion yuan in R&D, a year-on-year increase of 14.1%, with the growth rate decreasing by 1.2 percentage points compared to January to May. In the first half of the year, the internet business revenues in the eastern, central, western, and northeastern regions respectively grew by 11.5%, -13.8%, 3.5%, and -28.6% year-on-year. The eastern region accounted for 90.5% of the national internet business revenue. The internet business revenue in the Beijing-Tianjin-Hebei region increased by 14% year-on-year, while that in the Yangtze River Delta region grew by 8.3% year-on-year, with these two regions accounting for 33.6% and 30.7% of the national total, respectively. In the first half of the year, 16 provinces nationwide experienced positive growth in internet business revenue, with Beijing, Guangdong, Shanghai, Zhejiang, and Guizhou ranking among the top five in the country. Note: The scope of large-scale internet and related service enterprises includes those with internet and related service revenues of 20 million yuan or more in the previous year, and all year-on-year growth rates mentioned in the text are calculated on a comparable basis.
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