On October 15th, the press conference for BrandZ™ Top 100 Most Valuable Chinese Brands 2020 and the special commemoration event for its 10th anniversary was held in Shanghai. Mengniu brand was selected for its stellar market performance as one of BrandZ™ Top 100 Most Valuable Chinese Brands ten years in a row, ranking 31st for its brand value of US$6.831 billion.

 

Mengniu once again made to the "Top 10 Brand Contribution” ranking released on the same day, becoming the only beverage brand on the list. BrandZ™ brand contribution indicators measure the impact of brand, without financials or other market factors, in driving sales and generating premium. Brands that are well received by consumers score higher in brand contribution.

 

The list of BrandZ™ Most Valuable Chinese Brands is the first BrandZ national brand ranking compiled by WPP and Kantar in the world. BrandZ™ launched the top 50 Chinese brands list in 2011 and expanded the ranking to the top 100 in 2014 to more fully reflect the vitality of the Chinese market. Over the past decade, the total value of the top 50 Chinese brands has increased by 225%, exceeding the performance of the top 50 global brands (an increase of 126%) over the same period. Similarly, the total value of the top 100 Chinese brands has increased by 162% since 2014, while the top 100 global brands have only increased by 74% over the same period.