Top 10 most valuable Chinese brands
- By Chen Xia
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E-mail China.org.cn, October 18, 2013
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Midea
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Company: Midea Group Inc.
Brand equity: 65.34 billion yuan (US$ 10.71 billion)
Main business: Electrical appliances
Midea Group (stock code: 000333) is a privately held electrical appliance manufacturer headquartered in Foshan City, southeast China's Guangdong Province.
According to Forbes.com in 2012, Midea's publicly listed subsidiary, GD Midea Holding, ranks second in sales among all home appliance manufacturers in the world.
As of 2013, Midea Group employed about 135,000 people in China and overseas.
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