Top 10 most valuable Chinese brands
With an estimated worth of $44,700 million, Tencent has been crowned the year's Most Valuable Chinese brand in a list released by the Hurun Institute,the second consecutive time it has snared top spot.
Taobao, a subsidiary of Alibaba, is second with a brand value of $42,900 million, overtaking China Mobile, Baidu and ICBC.
The total worth of 200 listed brands has risen by 36 percent year-on-year to reach $696 billion, with the top 10 accounting for 46 percent of the total.
Here are the most valuable brands in China.
No 1 Tencent
Brand value: $44,700 million
Industry: IT
No 2 Taobao
Brand value: $42,900 million
Industry: E-commerce
No 3 China Mobile
Brand value: $42,700 million
Industry: Mobile communications
No 4 Baidu
Brand value: $40,300 million
Industry: Search engine
No 5 Industrial and Commercial Bank of China
Brand value: $36,600 million
Industry: Banking
No 6 China Construction Bank
Brand value: $29,800 million
Industry: Banking
No 7 Bank of China
Brand value: $25,200 million
Industry: Banking
No 8 Agricultural Bank of China
Brand value: $19,400 million
Industry: Banking
No 9 China Life
Brand value: $19,000 million
Industry: Insurance
No 10 Chunghwa
Brand value: $16,500 million
Industry: Tobacco
Source: CHINA DAILY
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