TikTok overtakes Industrial and Commercial Bank of China – now in the second place of the latest China 500 2024 Report – while WeChat emerges as the strongest brand among the Chinese brands ranked in the list, clinching the title of the world’s strongest brand among the most valuable brands in the report.
The report was released by British brand valuation and strategy consultancy Brand Finance on May 9.
Let’s take a look at the top 10 brands.
| Position | Brand |
|---|---|
| 1 | TikTok/Douyin |
| 2 | Industrial & Commercial Bank of China |
| 3 | State Grid (Power) |
| 4 | China Construction Bank |
| 5 | Agricultural Bank of China |
| 6 | Bank of China |
| 7 | Kweichow Moutai Beverages |
| 8 | Ping An Insurance |
| 9 | China Mobile |
| 10 |
