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

CTOnews.com, August 8 (Xinhua) CAICT official account of the China Academy of Information and Communications recently released a report on the operation of the Internet and related services in the first half of 2023, which shows that China's Internet business revenue maintained a slight growth in the first half of this year, while total profit growth maintained a high level. Internet business revenue was 643.3 billion yuan, an increase of 2.6 percent over the same period last year.

▲ Picture Source CAICT official account CTOnews.com of China Institute of Information and Communication collates the summary report as follows:

The growth rate of the total profits of the Internet industry remains at a relatively high level. In the first half of this year, the total profits of large-scale Internet enterprises in China totaled 63.96 billion yuan, an increase of 27.6 percent over the same period last year. Operating costs rose 7.4% year-on-year, 2.4 percentage points higher than in the first quarter.

▲ Tu Yuan China Institute of Information and Communication CAICT official account Internet industry R & D funding continued to decline. In the first half of this year, large-scale Internet enterprises in China invested 30.54 billion yuan in R & D, down 6.8% from the same period last year.

▲ source China Institute of Information and Communications CAICT official account information services sector corporate income showed a slight contraction. In the first half of this year, Internet business revenue from enterprises dominated by information services (including news and information, search, social networking, games, music videos, etc.) fell 2.5% compared with the same period last year.

The income of enterprises in the field of life services showed a small increase. In the first half of this year, Internet business revenue of platform enterprises providing life services (including local life, car rental, travel, financial services, cars, housing, etc.) increased by 9.5% compared with the same period last year.

The income of enterprises in the field of network sales is growing rapidly. In the first half of this year, Internet business revenue of online sales and service enterprises (including commodities, agricultural and sideline products, integrated e-commerce, medical supplies, express delivery, etc.) increased by 37.4% compared with the same period last year.

Internet business revenue in the eastern region maintained a small growth. In the first half of this year, the eastern region completed Internet business revenue of 598.6 billion yuan, an increase of 3.8% over the same period last year, an increase of 0.9 percentage points over the first quarter, 1.2 percentage points higher than the national growth rate, and accounted for 93.1% of the national Internet business revenue. The revenue from Internet business in the central region totaled 21.74 billion yuan, down 7.5% from the same period last year. The revenue from Internet business in the western region totaled 21.22 billion yuan, down 10.7 percent from the same period last year. Revenue from Internet business in Northeast China totaled 1.69 billion yuan, down 39.7% from the same period last year.

▲ Tuyuan China Institute of Information and Communication CAICT official account nearly half of the region Internet business growth achieved positive growth. In the first half of the year, Beijing (up 0.8 per cent), Shanghai (up 13.7 per cent), Zhejiang (up 2.4 per cent), Guangdong (down 5.5 per cent) and Tianjin (up 24.7 per cent), which ranked among the top five in cumulative Internet business revenue, totaled 564 billion yuan, up 4.9 per cent year on year and accounting for 87.7 per cent of the country (excluding cross-regional enterprises). There are 14 provinces (autonomous regions and municipalities) with positive growth in Internet business across the country.

▲ Tupu CAICT official account China ICT Institute also introduced the development of mobile App in China. By the end of June this year, 2.6 million active App models (including Android third-party stores and Apple App Store) had been detected in China's domestic market. The number of mobile App developers is 830000, including 250000 Android developers and 580000 Apple developers. In June, Android third-party app stores downloaded a total of 69.6 billion times on App.

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