14 Foshan brands listed as Chinas 500 Most Valuable Brands
On June 22nd, World Brand Lab, a world-renowned brand research institute headquartered in New York City, has released the list of "Chinas 500 Most Valuable Brands" in 2021. Measured by financial data, brand influence and consumer behavior analysis, 14 brands from Foshan entered the list, including Midea, Guanzhu Ceramics, Xin Zhong Yuan Ceramics, Haitian and Arrow.
Based on the data revealed by World Brand Lab, enterprises entering "Chinas 500 Most Valuable Brands" in 2021 gathered up a total value of 2,789,320 million yuan, which is an increase of 3,203,262 million yuan and 12.97% up from last year.
Reportedly, World Brand Lab has continued to compile a Chinese brand report for 18 years in a row. Back in 2004, the entry market value was designated at 500 million yuan, and the top 500 brands were valued at 4.943 billion yuan on average. Coming into this year 18 years later, the bar has been raised up to 3.068 billion yuan and the top 500 brands are now valued at 55.79 billion yuan, with an increase of 1028.69%.
Author | Jersey
Revisor | Jessica
Photo | Nanfang Daily