A total of 11 Chinese brands feature in the most valuable global brands list, according to the latest Kantar BrandZ Most Valuable Global Brands ranking.
Tencent, ranking 10th in the 2024 Most Valuable Global Brands list, has become the most valuable Chinese brand, followed by Kweichow Moutai, Alibaba and Douyin/TikTok.
Let's take a look at the top 11 most valuable Chinese brands in 2024.
No 11 Nongfu Spring
A bottle of Nongfu Spring water. [Photo/Sipa]
No 10 Pinduoduo
A consumer walks past an advertisement for e-commerce platform Pinduoduo at a shopping mall in Shanghai. [Photo provided to China Daily]
No 9 Pingan
The logo of Pingan Group is seen in Shanghai, Aug 11, 2023. [Photo/VCG]
No 8 Huawei
The Huawei logo is seen at its booth during the Mobile World Congress in Shanghai, June 28, 2023. [Photo/Agencies]
No 7 ICBC
A booth of Industrial and Commercial Bank of China at an expo held in Beijing, April 25, 2023. [Photo/VCG]
No 6 China Mobile
China Mobile's logo. [Photo/VCG]
No 5 Haier
People choose Haier's washing machine in Qingdao, East China's Shandong province. [Photo/VCG]
No 4 Douyin/TikTok
A TikTok logo is displayed on a smartphone in this illustration taken Jan 6, 2020. [Photo/Agencies]
No 3 Alibaba
The headquarters of e-commerce giant Alibaba Group in Hangzhou, East China's Zhejiang province. [Photo by Niu Jing/For China Daily]
No 2 Kweichow Moutai
A view of the booth of Kweichow Moutai during an expo in Guiyang, Guizhou province. [Photo by Wu Dongjun/For China Daily]
No 1 Tencent
A logo of Tencent is seen in Jinan, East China's Shandong province, on April 1, 2023. [Photo/VCG]
