Liquor brand Wuliangye came in the second, with its brand valued at 260 billion yuan, up 4 percent year-on-year. Followed by WeChat in the third place with its brand value rising 41 percent year-on-year to 225 billion yuan.
The top 10 brands are:
No 1 Kweichow Moutai - Brand value: 1.05 trillion yuan
No 2 Wuliangye - Brand value: 260 billion yuan
No 3 WeChat - Brand value: 225 billion yuan
No 4 ChungHwa - Brand value: 215 billion yuan
No 5 Douyin - Brand value: 195 billion yuan
No 6 (tie) Tencent - Brand value: 175 billion yuan
No 6 (tie) Pinduoduo - Brand value: 175 billion yuan
No 8 National Cellar 1573 - Brand value: 125 billion yuan
No 9 Meituan - Brand value: 120 billion yuan
No 10 (tie) BYD - Brand value: 100 billion yuan
No 10 (tie) Pingan Group - Brand value: 100 billion yuan
China's annual trade in services exceeded 1 trillion US dollars for the first time last year, demonstrating significant potential for further growth.
China urges the U.S. side to view and address its fentanyl and related issues objectively and rationally, rather than frequently use tariffs to threaten other countries, according to the statement.