The Hurun Research Institute has released a list of China's most valuable brands in 2015. Published annually since 2006, it assesses the value of 200 home-grown mainland brands based on economic statistics and consumer surveys.

 

Among them, 101 are privately held and 99 State-owned, while 170 saw their value increase. The total brand value reached $696 billion, up 36 percent year-on-year.

 

Tencent, China's largest and most popular Internet service portal was named most valuable Chinese brand this year, worth $44.7 billion. Taobao, the leading e-commerce platform in China, came second, worth $42.9 billion, overtaking China Mobile, Baidu and the Industrial and Commercial Bank of China. China Mobile ranked third, worth $42.7 billion.

 

No 1 Tencent

Brand value: $44.7 billion

Increase: 33 percent

Industry: IT

Headquarters: Guangdong province

 

No 2 Taobao.com

Brand value: $42.9 billion

Increase: 44 percent

Industry: E-commerce

Headquarters: Zhejiang province

 

No 3 Baidu

Brand value: $40.3 billion

Increase: 32 percent

Industry: Internet search engine

Headquarters: Beijing

 

No 4 Tmall.com

Brand value: $15.32 billion

Increase: 98 percent

Industry: E-commerce

Headquarters: Zhejiang province

 

No 5 Ping An Insurance (Group) Company of China

Brand value: $15.16 billion

Increase: 36 percent

Industry: Insurance

Headquarters: Guangdong province

 

No 6 JD.com

Brand value: $12.1 billion

Increase: 266 percent

Industry: E-commerce

Headquarters: Beijing

 

No 7 Wanda Group

Brand value: $8.87 billion

Increase: 67 percent

Industry: Real estate

Headquarters: Beijing

 

No 8 Xiaomi

Brand value: $7.26 billion

Increase: 525 percent

Industry: Mobile phones

Headquarters: Beijing

 

No 9 Alipay

Brand value: $5.32 billion

Increase: 27 percent

Industry: E-commerce

Headquarters: Zhejiang province

 

No 10 Midea

Brand value: $4.68 billion

Increase: 81 percent

Industry: Home appliances

Headquarters: Guangdong province