The 20th World Brand Conference, organized by World Brand Lab, was held in Beijing on June 15, at which the analysis report of China’s 500 Most Valuable Brands for 2023 was released.

 

In this annual report based on financial data, brand strength and consumer behavior analysis, XCMG topped the list of the most valuable brands in the construction machinery industry for ten consecutive years with a brand value of 113.619 billion yuan.

 

It is understood that there are 28 machinery brands on the list, accounting for 5.6% of the total number of brands on the list.