Global brand consultancy Interbrand officially announced its Best China Brands 2023. The total value of brands on the overall ranking reached 3,367.67 billion yuan, witnessing a steady increase compared with 2022.

Tencent, Alibaba and China Construction Bank remained ranked as the top three, with the value of 877.92 billion, 687.17 billion and 191.08 billion yuan, respectively.

CATL, Mindray and Sinopharm Group ranked in the list for the first time, grabbing places from No 39 to No 41.