Brands of Chinese listed companies worth $1.77 tln unveiled on 'China Brand Day'
AsiaNet 84017
CHENGDU, China, May 13, 2020 /PRNewswire=KYODO JBN/ --
May 10 witnessed the launch of 2020 Brand Value List of Chinese Listed
Companies hosted by National Business Daily (NBD) and China Business Research
Center under School of Economics and Management at Tsinghua University
(Tsinghua SEM), and supported by NBD Think Tank.
https://photos.prnasia.com/prnh/20200511/2800028-1
Top 100 Chinese Listed Companies by Brand Value, Top 50 Chinese Listed
Companies by Brand Value Overseas, and Top 50 Chinese Upstart Companies by
Brand Value are unveiled.
"Despite hardship, Chinese brands maintained vigorous growth this year with
total brand value and threshold for candidate companies rising", said Wen Da,
chairman and editor-in-chief of NBD.
"Now is the perfect timing for brand building and companies should place it as
a strategic priority," noted Zhao Ping, director of China Business Research
Center at Tsinghua SEM.
This year, the brand value of the top 100 list totals 12.55 trillion yuan (1.77
trillion U.S dollars), increasing 9.6 percent year over year.
Internet conglomerates Alibaba and Tencent remain the 1st and 2nd place on the
Top 100 Chinese Listed Companies by Brand Value, which in 2019 became two of
the first batch of "1 trillion yuan brand value club" members. China Mobile
takes the third place with a brand value of 538 billion yuan.
The brand value of the Top 50 Chinese Upstart Companies by Brand Value this
year totals 231.51 billion yuan.
The Top 50 Chinese Listed Companies by Brand Value Overseas sees changes in
both total brand value and companies on the list. PC maker Lenovo crowns the
list for the first time, with its overseas brand value topping 119.3 billion
yuan, followed by Midea and Alibaba.
By Gao Han, Tan Yuhan, Zhang Lingxiao
About National Business Daily
NBD has a readership of 60 million in 205 countries and regions with annual
all-platform views surpassing 30 billion. NBD has also established English
platforms including English website (www.nbdpress.com), app, Facebook account
(@nbdnews) and Twitter account (@NBDPress).
NBD Think Tank, by combining media and think tanks, aims to map a new business
model for the financial media industry.
About China Business Research Center at Tsinghua SEM
Founded in 2000, it serves as a major platform for theoretical study of Chinese
companies, which has a track record history in brand study.
SOURCE National Business Daily
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Caption: Top 50 Chinese Listed Companies by Brand Value Overseas (top 20)
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