2025年前11月中国规上互联网企业完成互联网业务收入超1.8万亿元

Core Insights - The internet and related services sector in China achieved a revenue of 1.8 trillion yuan in the first eleven months of 2025, with a year-on-year growth rate of 1% [1][2] - The profitability of large-scale internet enterprises declined, with total profits amounting to 137.8 billion yuan, reflecting an 11.7% decrease compared to the previous year [1] - Research and development expenditure growth slowed, totaling 95.74 billion yuan, with a year-on-year increase of 6.7% [1] Regional Performance - The Beijing-Tianjin-Hebei region led the key areas with an internet business revenue of 591.3 billion yuan, marking a significant year-on-year growth of 9.1% [1] - The Yangtze River Delta region reported an internet business revenue of 616.3 billion yuan, experiencing a year-on-year decline of 2.7% [1] - The eastern region of China generated 1.6214 trillion yuan in internet business revenue, representing a year-on-year growth of 2.9% and accounting for 89.9% of the national total [2] Concentration of Revenue - The top five regions, including Beijing, Guangdong, and Shanghai, contributed to 84.5% of the internet business revenue, highlighting a significant concentration effect [2] - Eight provinces achieved positive growth in internet business revenue, with Hebei and Zhejiang exceeding a growth rate of 10% [2]