China Mobile is China's most valuable brand this year

China Mobile is the most valuable brand this year in China again – among the Top 200 Chinese companies, the proportion of private companies is higher than the state-owned companies for the first time.

The Shanghai-based Hurun Research Institute, estimated the value of  China Mobile to 251 billion yuan (40 billion USD). In the past seven years, the company was the number one for six times.

The second on the list became the Industrial and Commercial Bank of China (ICBC), ahead of  China Construction Bank on third place. (MTI)