Industrial and Commercial Bank of China (ICBC) replaces China Mobile as the most valuable Chinese brand this year, according to an annual ranking of Chinese brands released Tuesday.
According to the list, Top 500 Most Valuable Chinese Brands 2011 by World Brand Lab, ICBC is now valued at 216.285 billion yuan (US$33.41 billion), followed by State Grid valued at 187.6 billion yuan (US$29.02 billion) and China Mobile at 182.9 billion yuan (US$28.29 billion).
The World Brand Lab ranks Chinese brands based on financial, consumer behavior and brand strength analysis.
The total value of the 500 brands on the list is 5.50 trillion yuan (US$850.78 billion), with an average value per brand of 10.10 billion yuan (US$1.56 billion). The lowest valued brand on the list rose to 1.015 billion yuan (US$157.009 million) from last year's 919 million yuan (US$142.16 million).
The World Brand Lab has been publishing the list annually since 2004 and it said that the brand awareness of Chinese companies has improved considerably. In the past only manufacturers paid much care to their brand image, but now the media, financial and retail industries are all strengthening their branding efforts, according to the list. The highest brand value listed rose from 61.237 billion yuan (US$9.47 billion) in 2004 to 216.285 billion yuan (US$33.46 billion) this year, while the number of brands valued at more than 10 billion yuan (US$1.55 billion) rose from 45 in 2004 to 103 this year.
Following is the list of the top 500 most valuable Chinese brands by World Brand Lab:
Rank |
Brand |
Brand Value (in billion yuan) |
Sector |
Global Ranking 2010 |
1 |
Industrial and Commercial Bank of China 工商银行 |
216.285 |
Finance |
82 |
2 |
State Grid 国家电网 |
187.696 |
Energy |
86 |
3 |
China Mobile 中国移动通信 |
182.967 |
Telecommunication service |
69 |
4 |
CCTV 中国中央电视台 |
126.129 |
Media |
61 |
5 |
China Life 中国人寿 |
103.551 |
Finance |
277 |
6 |
China National Petroleum 中国石油 |
100.623 |
Petrochemical |
343 |
7 |
Sinochem |
95.857 |
Petrochemical |
405 |
8 |
Huawei 华为 |
86.746 |
Telecommunications, Electronics, IT |
348 |
9 |
First Automobile Works (FAW) 中国一汽 |
84.266 |
Auto |
N/A |
10 |
Lenovo 联想 |
82.591 |
Telecommunications, Electronics, IT |
139 |
11 |
Bank of China 中国银行 |
77.485 |
Finance |
221 |
12 |
Haier 海尔 |
76.352 |
Home appliances |
107 |
13 |
China Construction Bank 中国建设银行 |
76.149 |
Finance |
N/A |
14 |
Suning 苏宁电器 |
72.816 |
Home appliances chain stores |
N/A |
15 |
Changhong 长虹 |
70.569 |
Home appliances |
287 |
16 |
Sinopec 中国石化 |
70.392 |
Petrochemical |
401 |
17 |
Shanghai Automotive 上汽 |
70.261 |
Auto |
N/A |
18 |
Baosteel 宝钢 |
59.154 |
Steel |
N/A |
19 |
Bank of Communications 交通银行 |
58.216 |
Finance |
N/A |
20 |
Tsinghua Tongfang 清华同方 |
55.271 |
Energy, IT |
N/A |
21 |
Beijing Automotive 北汽集团 |
55.186 |
Auto |
N/A |
22 |
Wuliangye 五粮液 |
50.391 |
Food, Beverage |
N/A |
23 |
Tsingtao Brewery 青岛啤酒 |
50.258 |
Food, Beverage |
420 |
24 |
Air China 国航 |
47.856 |
Flight service |
383 |
25 |
COFCO 中粮集团 |
47.269 |
Import & Export |
N/A |
26 |
Yunyan 云烟 |
46.725 |
Tobacco |
N/A |
27 |
China Telecom 中国电信 |
46.673 |
Communication service |
427 |
28 |
China Merchants Bank 招商银行 |
46.424 |
Finance |
N/A |
29 |
Snow Breweries 雪花 |
46.368 |
Food, Beverage |
N/A |
30 |
Zhonghua Cigarette 中华 |
41.771 |
Tobacco |
N/A |
31 |
China National Offshore Oil 中国海油 |
41.638 |
Petrochemical |
N/A |
32 |
GOME Electrical Appliances 国美电器 |
41.027 |
Home appliances chain stores |
N/A |
33 |
Citic 中信 |
38.935 |
Comprehensive |
N/A |
34 |
Foton 福田汽车 |
38.872 |
Auto |
N/A |
35 |
Moutai 茅台 |
34.767 |
Food, Beverage |
N/A |
36 |
Erdos 鄂尔多斯 |
34.576 |
Textiles, Garments, Energy |
N/A |
37 |
ZTE 中兴 |
31.545 |
Telecommunications, Electronics, IT |
N/A |
38 |
Dongfeng 东风 |
30.166 |
Auto |
N/A |
39 |
Vanke 万科 |
29.561 |
Real estate |
N/A |
40 |
TCL |
29.267 |
Home appliances |
N/A |
41 |
Ansteel 鞍钢 |
27.692 |
Steel |
N/A |
42 |
Heilongjiang Agriculture 北大荒 |
27.688 |
Agriculture |
N/A |
43 |
Changan 长安 |
25.934 |
Auto |
N/A |
44 |
PhoenixTV 凤凰卫视 |
25.732 |
Media |
N/A |
45 |
Chunlan 春兰 |
20.618 |
Home appliances |
N/A |
46 |
GSK-Neptunus 海王 |
19.762 |
Pharmaceutical |
N/A |
47 |
Chow Tai Fook 周大福 |
19.757 |
Jewelry |
N/A |
48 |
China International Travel Service 国旅 |
19.668 |
Travel service |
N/A |
49 |
Infinitus 无限极 |
19.558 |
Health products |
N/A |
50 |
K-boxing 劲霸 |
17.565 |
Textiles, Garments |
N/A |
51 |
Lang 郎 |
17.555 |
Food, Beverage |
N/A |
52 |
Sinopec/ Lubricants 长城润滑油 |
17.439 |
Petrochemical |
N/A |
53 |
Mengniu 蒙牛 |
17.437 |
Food, Beverage |
N/A |
54 |
Shanghai Electric 上海电气 |
17.436 |
Mechanism |
N/A |
55 |
CSR 中国南车 |
17.126 |
Mechanism |
N/A |
56 |
Wuhan Iron and Steel 武钢 |
17.052 |
Steel |
N/A |
57 |
Yili 伊利 |
17.045 |
Food, Beverage |
N/A |
58 |
Gree 格力 |
17.023 |
Home appliances |
N/A |
59 |
China Unicom 中国联通 |
16.824 |
Telecommunications |
N/A |
60 |
Ping An 中国平安 |
15.854 |
Finance |
N/A |
61 |
Lining 李宁 |
14.863 |
Sports products |
N/A |
62 |
Yanjing Beer 燕京 |
14.825 |
Food, Beverage |
N/A |
63 |
Honghe 红河 |
14.558 |
Tobacco |
N/A |
64 |
Foton Lovol 雷沃 |
14.311 |
Mechanism |
N/A |
65 |
Wahaha 娃哈哈 |
14.257 |
Food, Beverage |
N/A |
66 |
Xiamen XGMA 厦工 |
14.236 |
Mechanism |
N/A |
67 |
Haojue 豪爵 |
14.226 |
Motorcycle |
N/A |
68 |
Fosun 复星 |
14.205 |
Comprehensive |
N/A |
69 |
New Hope 新希望 |
14.194 |
Agriculture |
N/A |
70 |
CP Group 正大 |
13.965 |
Agriculture |
N/A |
71 |
Tiens 天狮 |
13.176 |
Health products |
N/A |
72 |
Master Kong 康师傅 |
13.152 |
Food, Beverage |
N/A |
73 |
People’s Daily 人民日报 |
13.125 |
Media |
411 |
74 |
China Baoan 中国宝安集团 |
13.062 |
Comprehensive |
N/A |
75 |
Zonda 中大 |
12.598 |
Auto |
N/A |
76 |
Quanyou Furniture 全友家私 |
12.391 |
Home appliances |
N/A |
77 |
BBMG 金隅 |
12.387 |
Building materials |
N/A |
78 |
Jialing 嘉陵 |
12.385 |
Motorcycle |
N/A |
79 |
Zoomlion 中联 |
12.369 |
Mechanism |
N/A |
80 |
Shasteel 沙钢 |
12.342 |
Steel |
N/A |
81 |
Hisense 海信 |
12.339 |
Home appliances |
N/A |
82 |
Chaoda 超大 |
12.262 |
Agriculture |
N/A |
83 |
Yuyuan Tourist Mart 豫园商城 |
12.216 |
Comprehensive |
N/A |
84 |
China Citic Bank 中信银行 |
12.208 |
Finance |
N/A |
85 |
Power Dekor 圣象 |
12.135 |
Building materials |
N/A |
86 |
Uni-president 统一 |
12.115 |
Food, Beverage |
N/A |
87 |
Founder 方正 |
12.092 |
Telecommunications, Electronics, IT |
N/A |
88 |
Luzhou Liquor 泸州老窖 |
12.057 |
Food, Beverage |
N/A |
89 |
Jiannanchun 剑南春 |
11.976 |
Food, Beverage |
N/A |
90 |
Transfar 传化 |
11.951 |
Chemical industry, Logistics, Agriculture |
N/A |
91 |
Quanjude 全聚德 |
11.872 |
Catering, Restaurants |
N/A |
92 |
Daohuaxiang 稻花香 |
11.858 |
Food, Beverage |
N/A |
93 |
China Pacific Insurance 太平洋保险 |
11.545 |
Finance |
N/A |
94 |
Little Sheep 小肥羊 |
11.267 |
Catering, Restaurants |
N/A |
95 |
China Minsheng Banking 中国民生银行 |
11.121 |
Finance |
N/A |
96 |
Tongwei 通威 |
11.068 |
Agriculture |
N/A |
97 |
Yutong 宇通 |
10.564 |
Auto |
N/A |
98 |
China Southern Airlines 南航 |
10.493 |
Air service |
N/A |
99 |
King Long Buses 金龙客车 |
10.158 |
Auto |
N/A |
100 |
Juhua 巨化 |
10.137 |
Chemical industry |
N/A |
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