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
Amid escalating trade tensions with the United States, European Commission President Ursula von der Leyen engaged in a telephone conversation with Chinese Premier Li Qiang on Tuesday, aiming to address the widespread disruption caused by recent U.S. tariffs.
A new report suggests that Singaporean companies aiming to expand into the European Union should consider Hungary as a strategic entry point, thanks to its highly educated workforce, investor-friendly tax policies, and export-driven economy.