May 16, 2023
BEIJING – With a value of $69.5 billion, Industrial and Commercial Bank of China has become the most valuable Chinese brand, according to consultancy Brand Finance.
Douyin ranked second with $65.7 billion, followed by China Construction Bank ($62.7 billion) and State Grid ($58.8 billion).
Electric vehicle maker Seres, whose value jumped 123 percent to $739.25 million, is the fastest-growing brand in the rankings, with an unrivaled 118-place jump to 333rd position.
Let’s take a look at China’s top 10 most valuable brands.
Huawei’s logo. [Photo/Huawei]
The headquarters of Ping An Insurance (Group) Company in Shanghai on Dec 4, 2021. [Photo/VCG]
A man speaks on the phone outside Bank of China headquarters in Beijing. [Photo/Agencies]
A bottle of China’s top alcohol brand Kweichow Moutai. [Photo/Sipa]
A WeChat QR code is seen at a supermarket in Beijing on Aug 24, 2022. [Photo/VCG]
The Logo of Agricultural Bank of China. [Photo/IC]
A logo of State Grid is seen in Beijing on June 4, 2022. [Photo/VCG]
A China Construction Bank booth is seen in Qingdao, East China’s Shandong province on July 30, 2022. [Photo/VCG]
A visitor walks by a Douyin booth at an expo in Hangzhou, Zhejiang province, in 2019. The video-sharing app is known as TikTok outside China. [Photo by Long Wei/For China Daily]
The Industrial and Commercial Bank of China booth at an expo in Guangzhou, Guangdong province. [Photo by Fang Jie/For China Daily]