Top 10 most influential Chinese brands

Tencent tops the most influential Chinese brands ranking, according to a recent report by Lishi Business Review .

This is the first ranking released by Lishi Business Review after China's first "Chinese Brand Day" on May 10, which was authorized by the State Council on April 24.

A brand is the lifeline of an enterprise and reflects a country's economic power. With rapid development of the Chinese economy, China has more world-class brands, which make the country more competitive in the global economy.

Now let's take a look at the top 10 most influential Chinese brands.

No 10 Vivo

Industry: Smartphone

Two pedestrians walk past a Vivo Mobile Communication Technology Co Ltd poster in Nanjing, East China's Jiangsu province.

No 9 Oppo

Industry: Smartphone

A row of R7 Plus smartphones, manufactured by Oppo, is on display at the Mobile World Congress in Barcelona, Spain, Feb 23, 2016.

No 8 Wanda

Industry: Commercial real estate

Wang Jianlin, chairman and president of Dalian Wanda Group, attends the Asian Financial Forum (AFF) in Hong Kong, Jan 18, 2016.

No 7 Gree

Industry: Home appliances

Dong Mingzhu, chairman and president of Gree Electric Appliances, introduces the company's latest intelligent device at a news conference in Beijing on March 4, 2017.

No 6 Vanke

Industry: Residential real estate

People are seen in front of the Vanke Property booth at the opening ceremony of Beijing Autumn Real Estate Trade Fair on Sept 16, 2010.

No 5 China Merchants Bank

Industry: Commercial bank

People walk past a China Merchants Bank Co branch in the central business district of Guangzhou, South China's Guangdong province, on Nov 25, 2013.

No 4 Huawei

Industry: IT

The Huawei logo is seen at a store in Shenzhen, South China's Guangdong province, Jan 19, 2017.

No 3 China Mobile

Industry: Telecommunications

Attendants stand in front of the China Mobile logo at a venue for the launch of Xiaomi's new smartphone in Beijing.

No 2 Alibaba

Industry: E-commerce

Jack Ma, founder and executive chairman of the Alibaba Group, is seen at the launch of Alibaba's ANZ office at the Grand Hyatt Hotel in Melbourne, Australia, on Feb 4, 2017.

No 1 Tencent

Industry：Internet social network

Ma Huateng, chairman and chief executive officer of Tencent Holdings Ltd, delivers a speech during the 2017 China International Big Data Industry Expo at Guiyang International Eco-Conference Center on May 28, 2017 in Guiyang, Southwest China's Guizhou province. Tencent (www.QQ.com) is the largest Chinese web portal in China.