China’s 25 Most Valuable Brands You Should Know About, 2017

With a brand value of about $106.18 billion, Tencent, the technology giant that owns messaging app WeChat, was the top ranked most valuable brand of China, according to advertising agency WPP’s latest BrandZ Top 100 Most Valuable Chinese Brands report by Kantar Millward Brown.

Tencent is the first Chinese brand to surpass $100 billion mark.

Alibaba, the e-commerce giant, came in second in terms of brand value ($58 billion), while China Mobile Communications Corporation had the third  highest brand value at $57.9 billion, followed by ICBC ($31.5 billion) and search engine Baidu ($23.89 billion). Rounding out the top 10 were Huawei, China Construction Bank, Insurer Ping An, liquor brand Moutai, and Agricultural Bank of China.

1. Tencent
Brand value: $106.18 billion
Sector: Technology

2. Alibaba Group
Brand value: $58 billion
Sector: Retail

3. China Mobile Communications Corporation
Brand value: $57.9 billion
Sector: Telecom

4. ICBC
Brand value: $31.5 billion
Sector: Banking

5. Baidu
Brand value: $23.9 billion
Sector: Technology

6. Huawei
Brand value: $20.4 billion
Sector: Technology

7. China Construction Bank
Brand value: $18.4 billion
Sector: Banking

8. Ping An
Brand value: $16.5 billion
Sector: Insurance

9. Moutai
Brand value: $16.2 billion
Sector: Alcohol

10. Agricultural Bank of China
Brand value: $14.8 billion
Sector: Banking

11. China Life
Brand value: $13.1 billion
Sector: Insurance

12. Sinopec
Brand value: $12.3 billion
Sector: Oli And Gas

13. Bank of China
Brand value: $11.7 billion
Sector: Banking

14. JD.com
Brand value: $9.7 billion
Sector: Retail

15. PetroChina
Brand value: $9.5 billion
Sector: Oli And Gas

16. China Telecom
Brand value: $8.8 billion
Sector: Telecom

17. China Merchants Bank
Brand value: $6.5 billion
Sector: Banking

18. Yili
Brand value: $6.3 billion
Sector: Food

19. Mengniu
Brand value: $5 billion
Sector: Telecom

20. Air China
Brand value: $4.8 billion
Sector: Airlines

21. China Unicom
Brand value: $4.5 billion
Sector: Telecom

22. CPIC
Brand value: $4.2 billion
Sector: Insurance

23. Bank of Communications
Brand value: $4.1 billion
Sector: Banking

24. China Minsheng Bank
Brand value: $3.5 billion
Sector: Banking

25. Vanke
Brand value: $3.4 billion
Sector: Real Estate