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
Russian President Vladimir Putin met with Chinese counterpart Xi Jinping on the sidelines of the three-day BRICS summit in Kazan, Russia. The two leaders discussed the deepening partnership between their countries and addressed geopolitical issues, including the war in Ukraine.
Türkiye is eager to enhance its collaboration with BRICS and anticipates that the summit in Kazan will provide momentum to this endeavor, stated Turkish President Recep Tayyip Erdoğan.