OREANDA-NEWS. November 05, 2013. "China's Most Valuable Brands List" was released in Paris, France, on Oct 13. As the only state-owned automobile manufacturer at the list, FAW Group took the fourth place with 68.419 billion yuan (RMB). The study of the list involved 100 Chinese famous brands.

Besides FAW Group, FAW's Jiefang brand and Hongqi brand ranked the 25th and 41st with 17.5 billion yuan (RMB) and 8.089 billion yuan (RMB) respectively.

Haier Group, with 99.2 billion yuan (RMB), took the first place for the 12 consecutive years.

The list has been published for 18 consecutive years by RREEF Global Rating and Beijing Famous-brand Evaluation Co Ltd. The 100 brands on the list indicate China's most influential consumer brands and the core of China's real economy and top business representatives.

FAW Group is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China's oldest and largest automotive group. Annual sales exceed two million units.