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
Donald Trump and Xi Jinping may hold their first face-to-face since Trump’s return to office, with the APEC summit in South Korea the most likely stage. Trump has linked the meeting to a breakthrough on trade, while Xi has extended an invitation to Beijing, offering both sides a chance to ease mounting strains.
A bipartisan U.S. House delegation led by Rep. Adam Smith will visit China later this month, the first such trip since 2019. Beijing confirmed the plan on Wednesday, with Smith stressing the importance of reviving dialogue between the two powers.