Beijing, September 5 (Xinhua) - China's large Internet companies saw their income and profits expand at a faster rhythm in the first seven months of this year, data from the Ministry of Industry and Information Technology (MIIT) were shown.

The income of these companies increased 26.3 percent year with the year to reach 886.9 billion yuan (around 137.34 billion US dollars) during the Period, MIIT data were displayed. The growth rate was 0.7 percentage points higher than that of the first six months.

Meanwhile, the profits increased by 28 percent from one year before 84.29 billion yuan, with the growth rate that expansiones 0.6 percentage points of that in January-June. Among the different sectors, the income generated by the information services, including online music, videos, games and news were served faster growth, The data shown. The income of these sectors were located at 494.4 billion yuan in the first seven months, which represents a year-on-year growth of 18.3 percent.

Large Internet companies refer to companies that focuses on the Internet and services related to an annual commercial income of at least 5 million yuan . Enditem follow by on Twitter and Facebook to join the conversation. Download applications from ChinaNews


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