Manufacturers dominate top 100 valuable brands

Companies involved in manufacturing claimed more than half of China's top 100 valuable brands, according to a survey released on Wednesday, indicating the strong momentum fueled by a slew of policies to bolster and upgrade the sector.

Eight out of the top 20 Chinese brands fall into the category of manufacturing, according to the Bund Ranking-Top 100 Most Valuable Chinese Brands, a local list compiled by Fudan University's School of Management and the Shanghai Institute of Corporate Culture and Brand, a nonprofit organization.

SAIC Motor Corp Ltd, Huawei Technologies Co Ltd and household appliance maker Midea Group Co Ltd are among awardees in the manufacturing sector, according to the ranking that entered its second year, with 13 manufacturers becoming new entrants to the list.