Internet firms ride the boom
CHINA’S Internet businesses posted faster revenue growth in the first four months of the year, official data showed.
Major Internet businesses and related service providers saw revenue surge 24.9 percent year on year to 264.9 billion yuan (US$41.4 billion) from January to April, according to the Ministry of Industry and Information Technology.
The growth was 5.4 percentage points faster than the same period last year, the ministry said.
Online gaming and e-commerce expanded briskly, with online gaming revenue up 27.9 percent annually to 58.7 billion yuan. Income of e-commerce platforms jumped 40.4 percent to 92.3 billion yuan.
During the period, the Internet industry invested 14.5 billion yuan into research and development, up 22.3 percent year on year, the ministry said.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.