On May 27, the Ministry of Industry and Information Technology of the People ’s Republic of China (hereinafter referred to as the “Ministry of Industry and Information Technology”) announced the operation of the Internet and related service industries from January to April 2020, showing that the Internet and related service industries as a whole are picking up. Multiple indicators such as revenue, profit, and R & D investment rebounded from the previous month.
Specifically, from January to April, China ’s above-scale Internet and related service companies (referred to as Internet companies) completed business income of 344.6 billion yuan, a year-on-year increase of 4.9%. Speed up by 3.4 percentage points from January to April; the industry achieved a total operating profit of 32.73 billion yuan, a year-on-year increase of 4.8%, reversing the decline from January to March (-24.9%); the industry-wide R & D expenditure was 17.27 billion yuan, a year-on-year increase 5.3%, an increase of 5.3 percentage points from January to March.
From January to April, Internet companies completed a total of 215.2 billion yuan in income from information services (including online music and videos, online games, news information, online reading, etc.), The year-on-year growth was 12.8%, and the growth rate was 1.7 percentage points higher than that in January-March. It accounted for 62.4% of Internet business revenue.
At the same time, the number of mobile applications (APPs) in the domestic market rebounded slightly. As of the end of April, the number of APPs monitored in China’s domestic market was 3.59 million, a net increase of 80,000 compared with March, and an increase of 2.2% from the previous month.
Attachment: The full text of the Ministry of Industry and Information Technology website
Attachment: The full text of the Ministry of Industry and Information Technology website
From January to April, the Internet and related service industries showed an overall rebound, including business income, profit, R & D investment, etc. A number of indicators rebounded month-on-month; Internet companies in different fields showed a clear trend of differentiation and development.
I. Overall operation status
The growth rate of Internet business revenue rebounded slightly. From January to April, China ’s above-scale Internet and related service enterprises (referred to as Internet enterprises) completed business income of 344.6 billion yuan, a year-on-year increase of 4.9%, a growth rate of 3.4 percentage points from January to April, but still below The same period last year was 15.3 percentage points.
R & D investment growth picked up. From January to April, the industry-wide R & D expenditure was 17.27 billion yuan, an increase of 5.3% year-on-year, and the growth rate rebounded by 5.3 percentage points from January to March, still lower than 16.1 percentage points in the same period last year.
Second, operation by business and region
Information service revenue grew rapidly, and the rapid growth of audio and video services continued. From January to April, Internet companies completed a total of information services (including online music and video, online games, news information, online reading, etc.) revenue of 215.2 billion yuan, a year-on-year increase of 12.8%, a growth rate of 1-3 Monthly recovery was 1.7 percentage points, accounting for 62.4% of Internet business revenue. Among them, online game companies have gradually changed from high-speed growth at the beginning of the year to normalized and rapid growth, and companies that mainly provide audio and video services have maintained rapid growth.
The decline in Internet platform service revenue narrowed, and the life service platform turned positive. From January to April, Internet platform service enterprises (mainly providing production service platforms, life service platforms, technological innovation platforms, public service platforms, etc.) achieved business revenue of 93.63 billion yuan, a year-on-year decrease of 8.3%, a decrease of 1 -March narrowed by 14.3 percentage points, accounting for 27.2% of Internet business revenue. Among them, enterprises that mainly focus on online education services maintained rapid growth. Life service platform companies reversed the continuous decline in the previous three months, and the revenue growth of e-commerce companies increased month by month.
Internet access service revenue growth slowed down, and Internet data services grew rapidly. From January to April, Internet companies completed Internet access and related service revenue of 14.93 billion yuan, an increase of 3.4% year-on-year, and the growth rate fell by 8.8 percentage points from January to March. Internet data services (including cloud services,
I. Overall operation status
The growth rate of Internet business revenue rebounded slightly. From January to April, China ’s above-scale Internet and related service enterprises (referred to as Internet enterprises) completed business income of 344.6 billion yuan, a year-on-year increase of 4.9%, a growth rate of 3.4 percentage points from January to April, but still below The same period last year was 15.3 percentage points.
From January to April 2019-2020, Internet business revenue growth.
Industry profits reverse the decline. From January to April, the entire industry achieved a total operating profit of 32.73 billion yuan, an increase of 4.8% year-on-year, reversing the decline from January to March (-24.9%), still lower than the same period last year by 29.1 percentage points.
R & D investment growth picked up. From January to April, the industry-wide R & D expenditure was 17.27 billion yuan, an increase of 5.3% year-on-year, and the growth rate rebounded by 5.3 percentage points from January to March, still lower than 16.1 percentage points in the same period last year.
Second, operation by business and region
Information service revenue grew rapidly, and the rapid growth of audio and video services continued. From January to April, Internet companies completed a total of information services (including online music and video, online games, news information, online reading, etc.) revenue of 215.2 billion yuan, a year-on-year increase of 12.8%, a growth rate of 1-3 Monthly recovery was 1.7 percentage points, accounting for 62.4% of Internet business revenue. Among them, online game companies have gradually changed from high-speed growth at the beginning of the year to normalized and rapid growth, and companies that mainly provide audio and video services have maintained rapid growth.
The decline in Internet platform service revenue narrowed, and the life service platform turned positive. From January to April, Internet platform service enterprises (mainly providing production service platforms, life service platforms, technological innovation platforms, public service platforms, etc.) achieved business revenue of 93.63 billion yuan, a year-on-year decrease of 8.3%, a decrease of 1 -March narrowed by 14.3 percentage points, accounting for 27.2% of Internet business revenue. Among them, enterprises that mainly focus on online education services maintained rapid growth. Life service platform companies reversed the continuous decline in the previous three months, and the revenue growth of e-commerce companies increased month by month.
Internet access service revenue growth slowed down, and Internet data services grew rapidly. From January to April, Internet companies completed Internet access and related service revenue of 14.93 billion yuan, an increase of 3.4% year-on-year, and the growth rate fell by 8.8 percentage points from January to March. Internet data services (including cloud services,