Ranked second globally! The brand value of Chinese brands among the top 5000 brands worldwide has reached $17.6 trillion.

Shen Changyu, director of the State Intellectual Property Office, introduced at the "High-Quality Completion of the 14th Five-Year Plan" series theme press conference held by the State Council Information Office on July 17 that among the top 5000 brands in the world, the brand value of Chinese brands has reached 17.6 trillion US dollars, ranking second globally.