Top 10 most valuable Chinese brands

State Grid Corporation of China took first place on a list of the 500 most valuable Chinese brands, followed by Industrial and Commercial Bank of China and Haier, according to consulting and research firm World Brand Lab.

The total value of the top 500 brands reached 24.69 trillion yuan ($3.86 trillion) in 2020, a 12.9 percent increase year-on-year.

World Brand Lab said 55 of the top 500 Chinese brands have global influence, accounting for 11 percent of the total.

Now, let's see the top 10 most valuable brands in China.

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