China: most valuable Chinese brands by BrandZ 2023 | Statista (2024)

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Nov 13, 2023

In 2023, Tencent remained the most valuable Chinese brand with a brand value of over 141 billion U.S. dollars in Milward Brown's BrandZ Global Top 100. Alibaba secured its second place with almost 92 billion U.S. dollars, followed by the alcohol manufacturer Moutai.

Most valuable brands of China as of May 2023, based on BrandZ evaluation (in million U.S. dollars)

CharacteristicBrand value in million U.S. dollars
Tencent (media & entertainment)141,020
Alibaba (retail)91,898
Moutai (alcohol)87,524
TikTok (media & entertainment)44,349
Meituan (service platform)32,029
Huawei (consumer technology)30,847
Haier (IoT ecosystem)30,485
JD (retail)26,601
ICBC (bank)25,419
SHEIN (apparel)24,250
China Mobile (telecom)23,231
Nongfu Spring (food & beverages)21,764
Ping An (insurance)21,183
AIA (insurance)19,231

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China: most valuable Chinese brands by BrandZ 2023 | Statista (2024)
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