China’s Internet market size increased by 17.9%

China’s basic network capacity has been significantly enhanced, and the market scale of the Internet industry has grown rapidly. In the first half of 2019, the overall market size of the Internet industry increased by 17.9% year-on-year, and the driving effect of the top 100 enterprises in the industry was obvious.

Recently, the Ministry of Industry and Information Technology and the China Internet Association jointly released the list of the top 100 Chinese Internet companies in 2019. Alibaba, Tencent, Baidu, Jingdong, Ant Financial, etc. ranked in the top ten.

The Internet has become the most active and infiltrated area of ‚Äč‚Äčinnovation in China. This year’s top 100 Internet companies have strong growth in revenue and profits. Enterprises are accelerating their deployment in frontier areas such as artificial intelligence and the Internet of Things, and their application coverage is more abundant. Accelerating the digital transformation, the top 100 enterprises have achieved remarkable results in promoting the integration of the Internet with manufacturing, agriculture, and medical fields.

China will accelerate the promotion of the Internet from the consumer sector to the production sector, and promote the in-depth integration of technologies such as cloud computing, big data, and Internet of things with the real economy, especially the manufacturing industry, focusing on promoting industrial Internet innovation, 5G application promotion, and manufacturing digital transformation. . At the same time, cultivate more Internet companies with innovative leadership capabilities to create a more open industrial ecology.