Ministry of Industry and Information Technology: In the first three quarters, China's large-scale Internet and related service enterprises completed Internet business revenue of 1.442 trillion yuan.

The Ministry of Industry and Information Technology released the operating status of the Internet and related services industry in the first three quarters before 2025. Internet business revenue maintained steady growth. In the first three quarters, the scale of China's Internet and related service enterprises completed Internet business revenue of 1.442 trillion yuan, a year-on-year increase of 2.8%, and the growth rate increased by 0.6 percentage points compared to January to August. The decrease in total profits has slightly widened. In the first three quarters, China's scale of Internet enterprises achieved a total profit of 103.6 billion yuan, a year-on-year decrease of 13.1%, an increase of 9.3 percentage points compared to January to August. Research and development expenses have accelerated growth. In the first three quarters, China's scale of Internet enterprises invested a total of 76.34 billion yuan in research and development expenses, a year-on-year increase of 6.6%, an increase of 3.2 percentage points compared to January to August.