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 10 Bank of China

Brand value in 2015: $16.44 billion

Overall rank on the list: 65

A branch of Bank of China in Xuchang city, Central China's Henan province, Feb 22, 2014. [Photo/IC]