Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's internet service sector continues fast growth

October 08, 2018


Abstract : China's internet service and related sectors continued to see fast revenue growth in the first eight month of the year, with stable market expansion of online gaming and streaming apps.

互联网服务

BEIJING, Oct. 3 (Xinhua) -- China's internet service and related sectors continued to see fast revenue growth in the first eight month of the year, with stable market expansion of online gaming and streaming apps.

The sectors' total revenue amounted to 595.5 billion yuan (about 86.7 billion U.S. dollars) in January-August, up 20.7 percent year on year, according to the Ministry of Industry and Information Technology.

In January-August, Guangdong, Shanghai and Beijing saw their internet business revenues up 20 percent, 28.4 percent and 25 percent year on year, remaining the top three in the ranking.

Information services were the largest revenue contributor, accounting for 90.6 percent of the total revenue, with online gaming earning 129.4 billion yuan, up 24.8 percent year on year. E-business sector earned 218.1 billion yuan, rising 34.4 percent year on year.

China had 4.3 million mobile apps by the end of August, including more than 2.5 million on domestic third-party app stores. Gaming apps remained dominant, followed by daily service apps and e-commerce apps.

Scan the QR code and push it to your mobile phone

Keyword: emerging-industry Scince-technology Internet-economy

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial