Chinese brands need more progress in innovation and internationalization: A total of 12 Chinese brands made into this year’s Top 100 Most Valuable Chinese Brands, with combined brand value reaching USD270 billion. Six of the top 10 Asian brands are Chinese brands, surpassing Japan and Korea, yet most of the Chinese brands in the list are state owned enterprises. This year, there is a decrease in both the number and total brand value of Chinese brands, indicating a bottleneck for the growth of Chinese brands.
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