MIIT: In the first eight months, the total profits of China's internet enterprises above designated size increased by 12.7% year on year.

On October 8, MIIT released the operating situation of the internet and related services industry for January-August 2026. From January to August, internet business revenue maintained steady growth, the growth rate of total profits accelerated, and R&D funding investment maintained rapid growth. Among them, from January to August, the internet business revenue of China's internet and related service enterprises above designated size (hereinafter referred to as internet enterprises) increased by 8.9% year on year. The growth rate was 1.6 percentage points higher than that from January to July. By segment, internet business revenue of enterprises in the information services sector increased by 8% year on year, while internet business revenue of enterprises in the lifestyle services sector decreased by 0.3% year on year. From January to August, the total profits of China's internet enterprises above designated size increased by 12.7% year on year, with the growth rate 7.7 percentage points higher than that from January to July. The original text is as follows: Operating Situation of the Internet and Related Services Industry from January to August 2026 From January to August, internet business revenue maintained steady growth, the growth rate of total profits accelerated, and R&D funding investment maintained rapid growth. I. Overall Operating Situation Internet business revenue maintained steady growth. From January to August, the internet business revenue of China's internet and related service enterprises above designated size (hereinafter referred to as internet enterprises) increased by 8.9% year on year. The growth rate was 1.6 percentage points higher than that from January to July. By segment, internet business revenue of enterprises in the information services sector increased by 8% year on year, while internet business revenue of enterprises in the lifestyle services sector decreased by 0.3% year on year. The growth rate of total profits accelerated. From January to August, the total profits of China's internet enterprises above designated size increased by 12.7% year on year, with the growth rate 7.7 percentage points higher than that from January to July. R&D funding investment maintained rapid growth. From January to August, R&D funding investment of China's internet enterprises above designated size increased by 15.0% year on year, with the growth rate 0.2 percentage points higher than that from January to July. II. Regional Operating Situation From January to August, internet business revenue in the eastern region, central region, western region, and northeastern region increased by 10.2%, -14.3%, 2.6%, and -19.1% year on year, respectively. Internet business revenue in the eastern region accounted for 91% of the national total. Internet business revenue in the Beijing-Tianjin-Hebei region increased by 12.4% year on year, and internet business revenue in the Yangtze River Delta region increased by 9.8% year on year. The proportions of internet business revenue in these two regions to the national total were 33.8% and 30.8%, respectively. From January to August, 16 provinces (autonomous regions and municipalities) across the country achieved positive growth in internet business revenue. Beijing, Guangdong, Shanghai, Zhejiang, and Guizhou ranked among the top 5 nationwide in internet business revenue. Note: The scope of internet and related service enterprises above designated size refers to those with internet and related service revenue of 20 million yuan and above in the previous year. All year-on-year growth rates in this article are calculated on a comparable basis. This article is excerpted from the official website of "MIIT". GMTEight editor: Feng Qiuyi.