Most Valuable Chinese Brands
Most Valuable Chinese Brands
1) ICBC
Industrial and Commercial Bank of China(ICBC) is popular banking, financial, and investment services. It was formed during the year 1984 and is headquartered in Beijing, China. ICBC is the largest bank in China and with respect to the total assets, loans, deposits, number of customers and employees it is the largest bank in the world. During the year 2006, ICBC was listed successfully on the Shanghai Stock Exchange and the Stock Exchange of Hong Kong Limited. By its continuous development and innovation, ICBC has developed itself into the leading bank in the world.
It possesses an excellent customer base, a strong innovation capability, and a diversified business structure. It has a comprehensive range of financial products and services to about 6,271 thousand corporate customers and about 567 million personal customers.
The bank always focuses its underlying mission to serve the real economy with its esteemed principal business and due to which it is indeed a top 10 most valuable Chinese brands.
2) China Construction Bank
Also regarded as a topmost valuable Chinese brand, China Construction Bank Corporation (CCB) is leading banking, financial, and investment services that were established during the year 1954 and is headquartered in Beijing, China. It is one of the big four banks in the People’s Republic of China. During the year 2016, CCB was considered the second largest bank in the world by means of market capitalization and the sixth largest company in the world.
This bank has approximately 13,629 domestic branches and maintains overseas branches as well. CCB provides a full range of banking services to the private and corporate sectors. It is backed by a network of about 14,000 branches and 275,000 employees. It has a huge range of products and services. It mainly operates in three main segments like treasury operations, national and corporate banking.
Apart from these three segments, CCB also has its business operations in financial operations, consumer banking, global wealth management, infrastructure loans, residential mortgage, and credit cards. CCB’s interest rate and pricing are taken care of by the central bank authority. Due to its many branches and its marketing strategy, China Construction Bank is indeed a topmost valuable Chinese brand.
3) Huawei
A popular Chinese brand, Huawei is a consumer electronics, telecommunication, and networking equipment that was established during the year 1987 and is headquartered in Guangdong, People’s Republic of China. It is a leading provider of smart devices and communications (ICT) infrastructure. It works with integrated solutions across four domains like IT, telecom networks, cloud services, and smart devices.
Huawei aims to bring digital to every individual, home, and organization to bring in a connected world. The company produces various products, services, and solutions that are both competitive and secure. Huawei focuses on customer requirements and invests a huge amount in basic research and move towards high-end technology. The company has about 180,000 employees and operates in about 170 countries and regions.
It has about 21 institutes of RD in various countries and distributes their products through appropriate channel of distribution like sales, distributors, enterprise, and consumers.
4) Ping An
Also a top valuable Chinese brands, Ping An is a financial service company that was established during the year 1988. The company is headquartered in Yuan Geng. Its main business operations include banking, insurance, and financial services. Over the years, Ping An has been grown into one of the three major integrated financial firms in China. It is ranked 10th during the year 2018 in the Forbes Global 2000 list and tops the other insurance group in the world. The company provides a huge number of products to about 90 million customers.
The financial services offered are across various services like Insurance, Banking, Investment, Internet Finance, and Shared Platform. As Ping An is a public entity it maintains its prices keeping the customers in mind and varies from service to service. Due to the various awards received by the company Ping An, it is indeed a top valuable Chinese brand.
5) China Mobile
China Mobile Communications Corporation is another top valuable Chinese brands that were formed during the year 1997. It is a Chinese state-owned telecommunication corporation that offers multimedia and mobile voice services across the nation through its mobile telecommunication network. It is a leading telecommunication service provider and provides complete communication services in about 31 regions. Its main business operations include mobile voice and data business, communication services, and wireline broadband.
The company has about 464,656 employees, 113 million wireline broadband customers, and 887 million mobile customers and has annual revenue of about RMB740 billion. It has various products and a few of their products like GoTone, Shenzhouxing, and M-Zone have unique functions and features that meet up to customer expectations.
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