Top 10 Most Valuable Chinese Brands of 2015

With a brand value of $76 billion, Internet company Tencent tops the Chinese brands on the list of most valuable global brands of 2015, released by advertising firm WPP and market researcher Millward Brown at the end of May.

Among the 14 listed Chinese brands, three of them are new, including Alibaba, Huawei and China Telecom. And Chinese technology firms are also showing growing strength as Tencent and Alibaba are the No 1 and the No 2 brands respectively.

Millward Brown first released such a list in 2006, and in that ranking only one Chinese company made the cut.

Compared to last year, most of the brands saw an increase in value, with only Industrial and Commercial Bank of China and China Construction Bank witnessing a decline.

Now let's take a look at the top 10 most valuable Chinese brands on the list.

No 1 Tencent

Brand value in 2015: $76.52 billion
Overall rank on the list: 11

Tencent building in Shenzhen, China. [File photo]

No 2 Alibaba

Brand value in 2015: $66.38 billion
Overall rank on the list: 13

Alibaba employees attend the opening bell ceremony during the company's IPO at the New York Stock Exchange, Friday, Sept. 19, 2014 in New York. [File photo]

No 3 China Mobile

Brand value in 2015: $59.90 billion
Overall rank on the list: 15

The front gate of a branch of China Mobile. [File photo]

No 4 Baidu Inc

Brand value in 2015: $40.04 billion
Overall rank on the list: 21

A woman walks pass a display carton with Baidu's logo on it. [File photo]

No 5 Industrial and Commercial Bank of China

Brand value in 2015: $38.81 billion
Overall rank on the list: 22

A Cambodian man walks past a newly-opened branch office of the Industrial and Commercial Bank of China (ICBC), in Phnom Penh, capital of Cambodia, Nov. 30, 2011. China's Industrial and Commercial Bank of China (ICBC), on Wednesday officially opened its branch in Phnom Penh, aimed at cementing Sino-Cambodian economic and trade cooperation. [Xinhua/Philong Sovan]

No 6 China Construction Bank