The latest data from the Ministry of Industry and Information Technology shows that in the first 10 months of this year, China's internet and related service enterprises above designated size completed internet business revenue of 1403.9 billion yuan, a year-on-year increase of 5.9%; The total profit achieved was 107.4 billion yuan, a year-on-year increase of 10%, and the overall development of the industry is showing a growth trend. "The growth of life services is rapid." China's internet business revenue and total profit have both achieved growth, thanks to the steady promotion of communication network infrastructure, computing power infrastructure, and new technology infrastructure in the early stage. The deployment of 5G, gigabit optical network, and IPv6 is globally leading, laying a solid foundation for the development of internet business. "said Zou Xiaoxiang, Director of the Institute of Information Technology at the China Academy of Cyberspace Research. Data shows that as of the end of November, a total of 3.282 million 5G base stations have been built nationwide, and gigabit broadband users have doubled compared to the same period last year. It is expected that the total telecommunications business for the whole year will increase by about 16% year-on-year, and the revenue of the software and information technology service industry will increase by about 13% year-on-year. Zou Xiaoxiang stated that the internet business has played an important role in meeting the living needs of the people, and the revenue of internet businesses, especially enterprises in the life service field and network sales field, has achieved significant growth, with year-on-year growth of 19.2% and 33.5%, respectively. Alibaba's performance announcement for the second quarter of fiscal year 2024 shows that Taobao app users have achieved a healthy and natural year-on-year growth, with a significant increase in the length of time users spend watching short video content; The number of Ele.me transaction users has increased, the per capita purchase frequency has increased, and both catering and non meal delivery orders have achieved double-digit year-on-year growth. The steady growth of the internet industry adds momentum to the high-quality development of the digital economy. Zou Xiaoxiang believes that a major highlight of China's internet industry development since the beginning of this year is the continuous exploration and innovation of the data element market, the continuous expansion of the big data industry scale, the significant improvement of digital industrialization innovation capabilities, the acceleration of industrial digital transformation, and the penetration of digitalization into the economy and society in all aspects and throughout the entire chain. Big model technology is highly sought after. "Internet enterprises provide technical and platform support to promote the integration of data and reality, serving as a bridge between new generation information technologies such as artificial intelligence and cloud computing and engineering implementation, connecting technology research and development and practical applications." Zou Xiaoxiang said that Internet enterprises strengthen cooperation with traditional enterprises, use information technology to solve pain points and difficulties in traditional industry production and operation activities, accelerate the digital transformation of traditional industries, and fully leverage the multiplier effect of information technology. "This has brought new development opportunities to internet companies. For example, they can fully utilize their advantages to explore new application scenarios, expand their production and business scope, and achieve long-term stable growth. Especially when large model technology is applied to agriculture, manufacturing and other fields, it will greatly improve industry efficiency and stimulate the demand for various solutions." said Zou Xiaoxiang. Since the beginning of this year, large model technology has become a popular research direction in the internet industry. According to statistics, there are currently over 200 enterprises in China engaged in the development of large-scale model technology. In August, Baidu ERNIE Bot big model was opened to the whole society. Soon after, Tencent's hybrid big model was publicly unveiled. Almost at the same time, Alibaba Cloud announced that most users can log in to Tongyi Qianwen official website to experience, and enterprise users can call Tongyi Qianwen API (application
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：economic daily
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