Three years on: Latest achievements of internet industry after Xi's speech

5. Development of internet enterprises

China's Internet companies saw combined revenues up 10 percent to 149.8 billion yuan ($22.34 billion) in the first two months of this year. The companies spent 6.06 billion yuan into research and development, up 11.5 percent year on year.

China's copyright registrations for computer software hit a record high of 1.1 million in 2018, up 48 percent year-on-year.

Among them, copyright registrations of mobile phone apps topped the growth chart with a 76 percent year-on-year increase, accounting for 25 percent of the overall software registrations in 2018.