With an estimated worth of $44,700 million, Tencent has been crowned the year's Most Valuable Chinese brand in a list released by the Hurun Institute,the second consecutive time it has snared top spot.

 

Taobao, a subsidiary of Alibaba, is second with a brand value of $42,900 million, overtaking China Mobile, Baidu and ICBC.

 

The total worth of 200 listed brands has risen by 36 percent year-on-year to reach $696 billion, with the top 10 accounting for 46 percent of the total.

 

Here are the most valuable brands in China.

 

No 1 Tencent

Brand value: $44,700 million

Industry: IT

 

No 2 Taobao

Brand value: $42,900 million

Industry: E-commerce

 

No 3 China Mobile

Brand value: $42,700 million

Industry: Mobile communications

 

No 4 Baidu

Brand value: $40,300 million

Industry: Search engine

 

No 5 Industrial and Commercial Bank of China

Brand value: $36,600 million

Industry: Banking

 

No 6 China Construction Bank

Brand value: $29,800 million

Industry: Banking

 

No 7 Bank of China

Brand value: $25,200 million

Industry: Banking

 

No 8 Agricultural Bank of China

Brand value: $19,400 million

Industry: Banking

 

No 9 China Life

Brand value: $19,000 million

Industry: Insurance

 

No 10 Chunghwa

Brand value: $16,500 million

Industry: Tobacco

 

Source: CHINA DAILY