Shulou(Shulou.com)11/24 Report--

CTOnews.com November 30 news, today the Ministry of Industry and Information Technology Operation Monitoring Coordination Bureau announced the operation of China's Internet and related service industries from January to October 2022.

The decline in business income narrowed

1-10 In January, China's Internet and related service enterprises above designated size (hereinafter referred to as Internet enterprises) completed Internet business revenue of 1,223.5 billion yuan, down 0.8% year-on-year and 0.1 percentage point narrower than the previous three quarters.

Figure from: The decrease in total profit of the Operation Monitoring Coordination Bureau has expanded

1-10 In January, the operating costs of Internet enterprises above designated size in China increased by 3.3% year-on-year, and the growth rate dropped by 0.6 percentage points compared with the first three quarters. The total profit reached 111.9 billion yuan, down 11.1% year-on-year, 2.8 percentage points higher than that in the first three quarters.

R & D spending returns to double-digit growth

1-10 In January, China's Internet enterprises above designated size invested a total of 63.67 billion yuan in research and development, an increase of 10.4% year-on-year, and the growth rate increased by 1.6 percentage points compared with the first three quarters.

Corporate revenue growth slows in information services

1-10 In September, Internet business revenue of enterprises dominated by information services (including news information, search, social networking, games, music videos, etc.) increased by 4.9% year-on-year, and the growth rate dropped by 1.8 percentage points compared with the previous three quarters.

The decline in enterprise income in the field of life services continues to narrow

1-10 In January, the Internet business revenue of platform enterprises mainly providing life services (including local life, car rental, tourism, financial services, automobiles, housing and housing, etc.) decreased by 17.8% year-on-year, which was 1.7 percentage points narrower than that in the first three quarters.

Enterprise revenue in the field of network sales maintained rapid growth

1-10 In September, the Internet business revenue of enterprises mainly providing online sales services (including bulk commodities, agricultural and sideline products, comprehensive e-commerce, medical supplies, express delivery, etc.) increased by 16.3% year-on-year, and the growth rate increased by 1.0 percentage points compared with the first three quarters.

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