Beijing: China’s internet sector saw solid growth in business revenue in the first eight months of 2025, data from the Ministry of Industry and Information Technology showed. From January to August, China’s major internet companies and related services companies generated about 1.29 trillion yuan (roughly US$181.46 billion) in business revenue, marking a 2.2% increase year-on-year and featuring a growth rate 0.8 percentage points faster than in the first quarter of 2025.
According to Emirates News Agency, the cumulative profits of major internet companies reached 106.3 billion yuan during this period, reflecting a 3.8% decline year-on-year. However, the decline in profits narrowed by 4.5 percentage points from the first half of the year. This suggests a slight recovery in the profitability of these companies.
Furthermore, spending on research and development totaled 66.86 billion yuan in the first eight months of 2025, indicating a 3.4% rise year-on-year. The focus on research and development highlights the sector’s commitment to innovation and future growth.
The term “major internet companies and related services companies” refers to those with annual internet and related services revenue of at least 20 million yuan, emphasizing the scale and impact of these enterprises within China’s digital economy.
Source: Emirates News Agency
