Value of top 100 brands soars to $525b

Market-driven firms surpass State-owned enterprises in worth

The value of China's top 100 brands surged 13 percent to $525.6 billion last year despite the country's economic slowdown, an annual survey released on Monday showed.

And, for the first time ever, market-driven brands that are owned by entrepreneurial companies contributed more than half, or some 51 percent, of the value of the top 100, surpassing the State-owned enterprises, the survey known as the BrandZ Top 100 Most Valuable Chinese Brands said.