China Releases 2024 Brand Value Evaluation Information

TapTechNews reported on May 14th that the 2024 China Brand Value Evaluation Information jointly released by Xinhua News Agency, China Brand Development Promotion Association, and China Asset Appraisal Association in Deqing, Zhejiang Province.

It is reported that a total of 1034 brands participated in the evaluation, covering leading enterprises in most industries. This evaluation released brand value information for 775 brands, with a total brand value of 12.586 trillion yuan, an increase of 2.4348 trillion yuan compared to last year, with an average brand value growth of 21 billion yuan. Among them, there are 28 brands worth over one trillion yuan.

TapTechNews attached the rankings of brand value in various fields in China:

BYD Company Limited ranked first in the brand value of automotive and parts companies with a brand value of 105.186 billion yuan. The company recently launched the e-platform 3.0Evo that supports a motor with a speed of 23,000 rpm. Information on brand value of automotive and parts companies is as follows:

China Petroleum & Chemical Corporation ranked first in the brand value of energy and chemical companies and enterprise brand value with a brand value of 3.892.01 trillion yuan. Information on brand value of energy and chemical companies is as follows:

CRRC Corporation Limited ranked first in the field of mechanical equipment manufacturing with a brand value of 1.601.21 trillion yuan. The CRRC Ziyang Company under the group recently exported the world's largest power narrow gauge AC transmission diesel locomotive to Sierra Leone and successfully launched operations in Tonkolili. Information on brand value of mechanical equipment manufacturing is as follows:

China State Construction Engineering Corporation ranked first in the field of construction and building materials with a brand value of 2.723.68 trillion yuan. Evaluation of brand value of construction and building materials is as follows:

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