Top 10 Most Valuable Chinese Brands
These brands perform admirably, are incredibly useful, and satisfy the practical and emotional needs of their target audiences. Many Chinese brands, in particular, meet the satisfying requirements through technical innovation.
Let us look at the top ten most valuable Chinese brands in this post.
1. ICBC
ICBC (Industrial and Commercial Bank of China) is a well-known banking, financial, and investing institution in China. It was founded in 1984 and has its headquarters in Beijing, China. ICBC is China's largest bank and the world's largest bank in terms of total assets, loans, deposits, number of customers, and employees.
ICBC was successfully listed on the Shanghai Stock Exchange and the Stock Exchange of Hong Kong Limited in 2006. ICBC has grown into the world's leading bank via constant development and innovation.
It has a robust consumer base, a strong ability to innovate, and a diverse corporate structure. It serves around 6,271 thousand business customers and approximately 567 million individual consumers with a wide variety of financial goods and services.
The bank's basic objective is to support the real economy through its prestigious principal business, and as a result, it is among the top ten most valuable Chinese brands.
2. CHINA CONSTRUCTION BANK
China Construction Bank Corporation (CCB) is a significant banking, financial, and investment services company located in Beijing, China. It was founded in 1954 and is recognized as a highly important Chinese brand. It is one of the People's Republic of China's four major banks. CCB was the world's second largest bank by market value and the world's sixth largest company in 2016.
This bank has a total of 13,629 local branches as well as international branches. CCB offers a broad range of banking services to both individuals and businesses. It has a network of 14,000 branches and 275,000 staff to back it up. It offers a diverse range of goods and services. Treasury operations, national and corporate banking are the three main divisions in which it operates.
CCB additionally conducts business operations in financial operations, consumer banking, global wealth management, infrastructure loans, residential mortgages, and credit cards, in addition to these three categories. The central bank is in charge of the CCB's interest rate and pricing. China Construction Bank is a very valuable Chinese brand due to its numerous branches and marketing approach.
3. HUAWEI
Huawei is a popular Chinese brand that manufactures consumer electronics, telecommunications, and networking equipment. It was founded in 1987 and is based in Guangdong, People's Republic of China.
It is a major provider of smart gadgets and information and communication technology (ICT) infrastructure. IT, telecom networks, cloud services, and smart devices are all areas where it works with integrated solutions.
Huawei wants to provide digital to every person, house, and business in order to create a more connected world. The company creates a variety of competitive and secure products, services, and solutions.
Huawei prioritizes customer needs and spends a significant amount of money on basic research and development as it moves toward high-end technology. The corporation employs around 180,000 people and works in approximately 170 countries and areas.
It has approximately 21 research and development institutes in various countries and sells its products through proper distribution channels such as sales, distributors, enterprise, and consumers.
4. PING AN
Ping An is a financial services firm that was founded in 1988 and is also a valuable Chinese brand. Yuan Geng is the company's headquarters. Banking, insurance, and financial services are the company's core commercial operations.
Ping An has grown into one of China's three main integrated financial organizations throughout the years. It is ranked 10th in the Forbes Global 2000 list for 2018, and it outperforms every other insurance group in the world. About 90 million people are served by the corporation, which offers a vast array of items.
Insurance, Banking, Investment, Internet Finance, and Shared Platform are just a few of the financial services available. Because Ping An is a government agency, its prices are set with the customers in mind and vary from service to service. Ping An is a highly significant Chinese brand, as seen by the numerous awards it has garnered.
5. CHINA MOBILE
China Mobile Communications Corporation is another well-known Chinese company that was founded in 1997. It is a Chinese state-owned telecommunications company that uses its mobile telecommunication network to provide multimedia and mobile voice services across the country.
It is a major telecommunications company that offers a wide range of communication services in more than 31 countries. Mobile voice and data, communication services, and wireline internet are the company's core commercial operations.
The corporation employs approximately 464,656 people, has 113 million wireline internet subscribers and 887 million mobile consumers, and generates over RMB740 billion in yearly sales. It has a variety of products, and some of them, such as GoTone, Shenzhouxing, and M-Zone, have distinctive features and functions that match client expectations.
Call forwarding, voice mailbox, caller ID, worldwide roaming, and other functions were also introduced by China Mobile. China Mobile has a strong presence in China's major cities, making it the most valuable Chinese brand.
6. AGRICUKTURAL BANK of CHINA
Another important institution is China's Agricultural Bank. AgBank is a Chinese brand that was established in 1951 and is headquartered in Beijing, China. Agricultural Bank of China offers a wide range of retail and business banking, treasury operations, and personal banking products and services. Call, demand, foreign currency time, time option, demand option, foreign currency call, and other deposit products are available.
The financial management of the Agricultural Bank of China develops pricing policies that are in line with the financial markets. All items and services are thoroughly inspected, and policies and payment procedures are drafted to ensure client satisfaction.
To keep customers loyal, this bank offers the lowest feasible rates for its financial services. The Agricultural Bank of China offers a variety of products and services through its different branch locations. The bank has a customer base of about 320 million people.
7. STATE GRID
State Grid Corporation of China, or simply State Grid, was established in 2002 and is headquartered in Beijing, China. It is the world's second largest firm by revenue in the electric utility industry. It has around 1.1 billion customers and generates approximately 363.125 billion dollars in sales. The development and operation of power grids are two of State Grid's core business operations.
State Grid is a massive, state-owned corporation dedicated to national energy security and economic vitality. Its purpose is to provide clean, secure, and affordable power. It also has operations in Brazil, the Philippines, Australia, Portugal, Italy, and a number of other nations. State Grid satisfies the electric needs of a large number of clients, making it a highly valuable Chinese brand.
8. BANK of CHINA
The Bank of China, which was founded in 1912 and is based in Beijing, China, is one of the country's largest banks. It is a company that provides financial and banking services. Its one-of-a-kind business operations have propelled it into China's top five state-owned commercial banks.
The Bank of China is the oldest bank in mainland China. This bank also prints banknotes for the government and other financial institutions. This bank is the fifth and second largest lender in the domestic market, respectively, in terms of market capitalization.
It offers personal banking, corporate banking, insurance, investment banking, and asset management on a one-of-a-kind platform. The Bank of China has always been a market leader in terms of pricing methods. Following a thorough examination of the various products and services, policies are established.
This bank has a large geographic footprint. It has branches in around 27 countries. The Bank of China uses an active promotion campaign to increase its visibility.
9. TENCENT
Tencent, another highly valuable Chinese brand, is a popular investment holding firm based in Shenzhen, China, that was founded in 1998. Tencent's holdings are involved in a variety of internet, artificial intelligence, entertainment, and technology-related businesses in China and around the world. The company has a solid technical and investment basis.
It is the umbrella brand for a number of sub-businesses, including Mass Media Web Portals, QZone, a social networking app, Web Browser, E-Commerce, Artificial Intelligence, Payments Systems, and others. Tencent's rates vary depending on the size of its user base and the amount of money it invests to grow it.
Because of the fierce competition, its prices for services are kept on a subscription basis. Tencent's products are internet-based and can be accessible via a mobile app or a website. Tencent is the most valuable Chinese brand due to its diverse products and services.
10. ALIBABA
Alibaba is the most well-known Chinese brand in the retail, e-commerce, Internet, and technology industries. Its headquarters are in Zhejiang, China, and it was founded in 1999. Alibaba's core product is its e-commerce platform. Alibaba's web portal, shopping search engines, electronic payment systems, and cloud computing services provide Business to Consumer (B2C), Consumer to Consumer (C2C), and Business to Business (B2B) services.
Apart from e-commerce, Alibaba has a number of other web products, including Juhuasuan, which is Chinese group shopping, Alipay, which is a third-party payment platform, AutoNaiv, which is Chinese mapping navigation, cloud computing, and Alibaba images. Alibaba has set forgiving pricing and charges a lower fee, which has aided the company's growth. It has a global footprint and can export to around 240 countries.
CONCLUSION
Because of its focus on innovation, Chinese brands are often well-liked by all. It establishes a brand in order to attract new customers, and all of the items meet client expectations. Chinese brands perform well and are well recognized around the world.
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