Alibaba takes the crown of China's most valuable brand, with its value surging 59 percent year-on-year to $141 billion.
It's followed by Tencent and the Industrial and Commercial Bank of China, which are valued at $138.16 billion and $40.73 billion, respectively, according to Kantar and WPP's 2019 BrandZ Top 100 Most Valuable Chinese Brands.
The report said the total value of all 100 companies rose 30 percent to $889.7 billion this year, the highest annual increase since the rankings launched in 2011.
Let's take a look at the top 10.
No 10: JD.com Brand value: $21.18 billion
JD's logistics robot is exhibited at an expo on March 18, 2019. [Photo/IC]
No 9: China Construction Bank Brand value: $22.84 billion
A China Construction Bank branch is seen in Shanghai, Aug 28, 2018. [Photo/IC]
No 8: Baidu Brand value: $26.71 billion
A Hongqi L4 autonomous passenger vehicle, powered by Baidu's Apollo autonomous driving platform, on display during the 16th China (Guangzhou) International Automobile Exhibition in Guangzhou, South China's Guangdong province, on Nov 16, 2018. [Photo/IC]
No 7: Ping An Insurance Brand value: $26.97 billion
A Ping An Insurance company logo is seen atop a building in Shanghai. [Photo/VCG]
No 6: Huawei Brand value: $33.17 billion
The Huawei logo is seen at its showroom in Shenzhen, Guangdong province, March 29, 2019. [Photo/Agencies]
No 5: Moutai Brand value: $36.56 billion
Kweichow Moutai's wine pictured at an exhibition in Beijing. [Photo by Zhu Xinxing/China Daily]
No 4: China Mobile Brand value: $39.1 billion
An attendee walks past the China Mobile logo at Mobile World Congress in Barcelona, Spain, Feb 28, 2018. [Photo/Agencies]
No 3: Industrial and Commercial Bank of China Brand value: $40.73 billion
A booth for the Industrial and Commercial Bank of China (ICBC) is seen at the China International Import Expo in Shanghai, on Nov 7, 2018. [Photo/VCG]
No 2: Tencent Brand value: $138.16 billion
Tencent Music Entertainment mascots celebrate the company's IPO outside the New York Stock Exchange in New York, Dec 12, 2018. [Photo/Agencies]
No 1: Alibaba Brand value: $141 billion
The headquarters of e-commerce giant Alibaba Group in Hangzhou, capital of Zhejiang province. [Photo by Niu Jing/For China Daily]
