The top 100 Internet companies have delivered outstanding results. Not only has the market scale grown rapidly and corporate revenue has increased significantly, but the integration of the top 100 companies with industry, life and other fields has accelerated, and has become an important support for the development of the digital economy. In the future, we must accelerate the extension of the Internet from the consumption field to the production field to support the high-quality development of the real economy -

On August 14, the Internet Society of China and the Cybersecurity Industry Development Center of the Ministry of Industry and Information Technology jointly released the list of the top 100 Chinese Internet companies in 2019. Alibaba, Tencent, Baidu, JD.com, Ant Financial, NetEase, Meituan, ByteDance, 360, and Sina ranked in the top 10 of the list respectively.

"The Internet is a key carrier for cultivating and strengthening the digital economy." Zhang Feng, member of the Party Leadership Group and Chief Engineer of the Ministry of Industry and Information Technology, said that it is necessary to cultivate more Internet companies with innovative leadership capabilities and create a strong modern Internet industry system.

Major contribution to the digital economy

Data from the Ministry of Industry and Information Technology show that in the first half of this year, the overall market size of my country’s Internet industry grew by 17.9% year-on-year, and the overall growth rate was higher than the global average. The number of users has grown rapidly, with the number of Internet users exceeding 800 million, 4G users reaching 1.23 billion, and IoT end users reaching 830 million.

"A group of companies have entered the forefront of the world, with the number of listed Internet companies reaching 178, and 10 companies entering the top 30 in the world. Emerging companies are emerging rapidly. In the fields of cloud computing, big data, artificial intelligence and other fields, the number of new companies established leads the world, and hundreds of unicorn companies have grown." Zhang Feng said.

The top 100 Internet companies have made significant contributions to the digital economy. According to Fu Jingbo, director of the Cybersecurity Industry Development Center of the Ministry of Industry and Information Technology, the Internet business revenue of the top 100 Internet companies last year reached 2.75 trillion yuan, accounting for 8.8% of my country's digital economy, and contributed 14% to the digital economy, driving the growth of the digital economy by nearly 2 percentage points.

"On the one hand, the Internet will effectively promote supply-side structural reform." Zhang Feng analyzed that the deep integration of network information technology and traditional industries will assist supply-side structural reform, promote various production factors to shift from surplus areas to areas with market demand, from low-efficiency areas to high-efficiency areas, and achieve a new dynamic balance of supply and demand; promote the industrial chain, supply The supply chain and value chain are integrated and connected, and information flow drives technology flow, capital flow, and material flow, all-round optimization of resource allocation efficiency, and improvement of total factor productivity; the Internet, as a basic support platform for mass entrepreneurship and innovation, can continuously release the infinite wisdom and creativity contained in the broad masses of the people, constantly spawn new models, new business formats, and new industries, and expand new space for economic development.

On the other hand, the Internet will effectively promote demand-side upgrades and integrate with all aspects of social life. consumer internetExhibitions can provide richer products and more convenient services, release effective demand, and lead consumption upgrades. The promotion and implementation of the "Internet +" action, the sharing economy, the industrial Internet, and the development of big data have effectively promoted the investment and construction of a new generation of information infrastructure; the Internet has made global interconnection possible, promoted the rapid development of cross-border e-commerce and global supply chains, and greatly promoted my country's import and export trade.

Innovation vitality is unprecedentedly high

"The comprehensive strength of my country's Internet industry has been significantly enhanced, innovation vitality has been unprecedentedly high, major innovation achievements have continued to emerge, the pace of integration with the real economy has continued to accelerate, and industrial innovation and development have achieved positive results." Zhang Feng said.

At present, my country has built the world's largest optical fiber and 4G networks. The proportion of optical fiber and 4G network access in administrative villages across the country exceeds 98%; the fixed broadband household penetration rate is 86.1%, and the mobile broadband population penetration rate reaches 93.6%; IPv6 networks and terminals are fully ready, and application transformation is gradually advancing; 5G has achieved global leadership, with essential patents accounting for 32.9%.

Data show that the R&D investment of the top 100 Internet companies in 2019 reached 153.87 billion yuan, a year-on-year increase of 45.1%. The average R&D intensity exceeded 10%, and 4 companies had R&D intensity between 30% and 35%. In 2019, the top 100 Internet companies already owned nearly 80,000 patents, including nearly 60,000 invention patents.

Taking the only Internet security company in the top 10 this time as an example, 360’s R&D investment last year was 2.546 billion yuan, accounting for about 20% of the annual revenue. As of the end of 2018, 360 had applied for more than 12,000 patents and granted nearly 4,200 patents.

The top 100 Internet companies continue to improve their original innovation capabilities and accelerate breakthroughs in key core technologies such as 5G, artificial intelligence, cloud computing, and big data. Some technologies are at the leading international level. "Among the top 100 Internet companies in 2019, there are 29 companies applying big data, 28 cloud computing companies, and 24 artificial intelligence-related companies." Fu Jingbo said.

Among the top 100 Internet companies and their affiliated companies, 25 leading companies have emerged, including Ant Financial, ByteDance, JD Digits, Manbang Group, Youked, and Zhaogang.com, with a year-on-year growth of 38.9%. Their business involves financial technology, smart logistics, e-commerce, new entertainment and other fields. Judging from the ranking of global company market value, 10 of the top 30 global Internet companies by market value in 2018 were among the top 100 Internet companies. Among them, Tencent Group and Alibaba are firmly among the top 10 global Internet companies by market value.

"To speed up the construction of a strong modern Internet industry system, we must strengthen innovation capabilities and lay a solid foundation for sustainable development." Zhang Feng said that the Internet is the most concentrated area of ​​technological innovation in the world with the most concentrated R&D investment and the most active innovation. Internet companies must improve their core competitiveness by breaking through cutting-edge network development technologies and key core technologies with international competitiveness, and shaping a leading development model that is more driven by innovation and gives full play to first-mover advantages.

Integrated applications continue to deepen

"Internet +" is expanding in depth into all areas of production and life. In the field of production, a number of industrial Internet platforms with industry influence have been formed, and a logo analysis system has been initially established, with more than 55 million registrations. The "mass entrepreneurship and innovation" ecosystem has initially taken shape, and the penetration rate of "mass entrepreneurship and innovation" platforms for key enterprises in key manufacturing industries has exceeded 80%, providing innovative and entrepreneurial services to many small and medium-sized enterprises.

In the field of life, mobile APP realizes all aspects of clothing, food, housing and transportationcoverage, third-party payment transaction volume leads the world, and the deepening development of "Internet + Government Affairs/Medical Care/Education" provides convenience to the people.

According to reports, the top 100 Internet companies have deepened the development of the consumer Internet and have achieved full-scenario coverage of clothing, food, housing, transportation and other aspects. The business covers 17 fields such as Internet public services, online media, music and video, social networks, technological innovation and intellectual property rights, and has comprehensively improved the quality of life of the people in terms of life, work, culture, entertainment, education and other aspects.

The Industrial Internet empowers high-quality development of traditional industries. The top 100 Internet companies promote the in-depth integration of information and communication technologies such as cloud computing, big data, and the Internet of Things with the real economy, cultivate new industries, new business formats, and new models, and support the high-quality development of the real economy. In 2019, the number of industrial Internet companies among the top 100 Internet companies reached a new high. The number of companies in the industrial Internet field that mainly serve real economy customers reached 60, serving nearly 40 million companies in total.

Take this wave of shortlisted companies as an example. As early as 2010, they began to lay out the industrial Internet in advance. At present, Inspur Cloud Industrial Internet Platform has been connected to more than one million devices and has gathered more than 5,000 partners. It has become one of the country's eight major cross-industry and cross-field industrial Internet platforms, assisting the digital transformation of millions of companies. Recently, Inspur Cloud has completed its second round of financing, with a valuation of more than 7 billion yuan, making it a leading company.

"In the future, we will also promote the in-depth integration of the Internet with agriculture, medical care, tourism, transportation and other industries, accelerate the extension of the Internet from the consumption field to the production field, promote the in-depth integration of information and communication technologies such as cloud computing, big data, and the Internet of Things with the real economy, especially the manufacturing industry, and focus on promoting the innovative development of the industrial Internet, the promotion of 5G applications, and the digital transformation of the manufacturing industry to support the high-quality development of the real economy." Zhang Feng said. (Reporter Huang Xin)