www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-Europe

Chinese brands enhance global profile

By WANG MINGJIE in London | China Daily Global | Updated: 2022-05-10 12:35
Share
Share - WeChat
A Huawei employee demonstrates the features of the Huawei Mate XS device, during a media event in London, Feb 18, 2020. [Photo/Agencies]

A readiness to embrace technological innovation, China's rapid economic growth and the advantages of a sizable domestic market have been the key factors enabling many Chinese brands to gain international recognition in recent years, brand experts said.

Chinese brands, such as telecommunication giant Huawei, instant messaging app and social media platform WeChat, and home-appliance maker Hisense, have greatly raised their international profile over the last couple of years and have become household names in many foreign markets.

From barely any presence among the world's top 100 brands in 2007, Chinese brands have seen a staggering 8,696 percent growth and now account for nearly a quarter of the total brand value of the top 100, according to the analysis by London-based consultancy Brand Finance.

Paul Temporal, an expert on brands and an associate fellow at Oxford University's Said Business School, said: "The main elements responsible for the global growth of Chinese brands are technology innovation and a clear understanding of consumer needs. China is becoming a leader in consumer-related technology, which is becoming increasingly important for global brand development in all sectors."

Ashley Dudarenok, China digital marketing expert and founder of China digital marketing agency Alarice, said: "The development of China's economy has certainly brought about an increase in China's global influence, but the most important factor is technological innovation."

While Chinese-made products gained a market share internationally by virtue of their cost-effectiveness in the early days, she said, "in recent years, the development of Chinese technology and the continuous improvement of their manufacturing level have enabled Chinese products to operate with a higher performance and better quality based on original price advantages".

Experts believe the importance of the domestic market in preparing Chinese brands for entry to international markets should not be underestimated.

"Many of the Chinese companies' strategies for going global include transferring their domestic experience to the foreign market," Dudarenok said. "Indeed, the vast domestic market has accumulated a lot of experience for brands to go internationally."

David Haigh, chairman and chief executive of Brand Finance, said: "Generally, there is a growing confidence of Chinese brands in the West, particularly when it comes to entertainment and high-tech, for example, WeChat, TikTok and Hikvision.

"They are all now increasingly coming out of their Chinese colors and they are being accepted," he said. "TikTok, I think it's probably in the (United States), in the UK that people do not necessarily know it's Chinese or to the extent that they do know it's Chinese, but they do not mind. It's a great thing."

It is noticeable that over the past decade, there has been a strong presence of Chinese sponsors at major international sporting events, including the Olympics, the FIFA World Cup, European football tournaments and Grand Slam tennis tournaments.

"The sponsorship of key sporting events has certainly given Chinese brands the opportunity to build global brand awareness," Temporal said.

"Sport is a unifier, and represents the true spirit of humanity, with global audiences who share universal values."

Although it is expensive to gain entry to the world's best events, sports sponsorships do deliver long-term results, and Chinese brands need to be there for future growth of global market share and profitability, he added.

Haigh said he noted an interesting shift in rugby sponsors, which used to be the preserve of very established British banks and insurance companies, but now TikTok is one of the sponsors.

"I think Chinese brands have learned the lessons of the West, in terms of how you get your brands through to the audiences that stand by you. They realize if you are associating with sports, or entertainment or films, you create an emotional empathy with your brand; so I think the quality of brand management in China is rapidly growing," he added.

Temporal said: "Brands that go global are ambassadors for China, and if they do well, they impact positively on the national brand image. Fueled by government support and increased corporate confidence, this is a very exciting time in the development of Chinese global brands."

Looking forward, Dudarenok said the pace of Chinese brands going global will only get faster. "China has good products, scientific and technological innovation talents, and production capacity, so enhancing brand awareness and influence should be the most important step during this process.

"In addition to existing consumer-related dominant brands, such as apparel, home appliances, cosmetics and other categories, we will also see more technology and culture-related brands, such as games, mobile apps and movies, will also take their place on the world stage in the future," she added.

 

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产一区免费观看 | 在线播放性xxx欧美 在线播放亚洲视频 | 一区二区三区精品视频 | 九九九热视频 | 国产高清在线看 | 999国产精品亚洲77777 | 日本aa级片 | 成人97| 午夜日本一区二区三区 | 久久99精品久久久久久久野外 | 国产夜色 | 天堂色网站 | 国产精品夜色视频一级区 | vr18成人资源 | 特级av毛片免费观看 | 成人区在线观看免费视频 | 中文字幕人成不卡一区 | 精品视频在线一区 | 国产精品久久精品 | 免费播放aa在线视频成人 | 亚洲精品韩国美女在线 | 日韩毛片免费在线观看 | 国产成人久久一区二区三区 | 亚洲精品一区最新 | 一级毛片 在线播放 | 亚洲精品国产成人一区二区 | 国产欧美一区二区三区视频在线观看 | 国内成人免费视频 | 久久成人国产精品免费 | 在线看免费观看韩国特黄一级 | 欧美三级做爰在线 | 成年女人在线观看片免费视频 | 男女午夜视频在线观看 | 激情6月丁香婷婷色综合 | 一区二区网站 | 亚洲三级视频在线观看 | 午夜一级做a爰片久久毛片 午夜伊人网 | 国产黄色a三级三级三级 | 亚洲影院中文字幕 | 99久久精品免费看国产一区二区三区 | 99精品视频免费 |