Ministry of Industry and Information Technology: In the first half of the year, the total profits of China's internet enterprises above a certain scale were 74.32 billion yuan, a year-on-year decrease of 8.3%.

According to data from the Ministry of Industry and Information Technology, in the first half of the year, China's Internet and related services enterprises with scale completed Internet business revenue of 961.3 billion yuan, a year-on-year increase of 3.1%, with the growth rate increasing by 2.2 percentage points compared to January-May; China's Internet enterprises with scale achieved a total profit of 74.32 billion yuan, a year-on-year decrease of 8.3%, with the decline expanding by 6.1 percentage points compared to January-May; China's Internet enterprises with scale invested a total of 48.56 billion yuan in research and development, a year-on-year increase of 2.6%, with the growth rate falling by 1.5 percentage points compared to January-May.