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China's top 10 brands

The results of WPP and Millward Brown's annual ranking of the top brands in China highlights a shift in power away from state-owned enterprises.

1.  China Mobile

china mobile 1
  • Sector: Telecom
  • Headquarters: Hong Kong

Communications services company WPP and research agency Millward Brown have released a new ranking of China's 100 most valuable brands.

CNNMoney has highlighted the top brands here, and there are a few surprises. Rising tech firms performed well in this year's rankings, while some other companies with global name recognition -- like Lenovo and Haier -- didn't make the top 10.

China Mobile, one of the world's largest wireless providers, once again captured the top spot with an estimated brand value of $61 billion.

  @CRrileyCNN - Last updated December 03 2013 04:17 AM ET