Chinese internet companies' revenue in 6 months reached $ 85 billion

   In China, it has been announced that the Internet-related and cross-related sectors have seen an increase in number in revenue and expenditures on research / development in the first half of this year in light of the Caffeid Disease-19 outbreak.  The Ministry of Industry and Information Technology reported that the major Internet companies provided 590.7 billion yuan (about 84.6 billion dollars), an increase of 13.1% compared to last year as of the first semester of the year.  In this context, growth of 12.6 percent was recorded in the second quarter compared to the first quarter.
   The research and development expenditures for the sector showed only 31.3 billion yuan in the first six months, an increase of 10.7% over the same period in the previous year.  In order to achieve more than a trend towards technology and consumption, the Internet sector has become a key feature of the country's "new economy".
Hibya Haber Ajansı