Eighteen enterprises from Shandong province were recognized among the top 500 brands in China at the 18th China Brand Festival held in Guangzhou from Aug 7 to 10.

The event, which evaluates over 16,000 domestic brands, released its latest rankings based on a comprehensive assessment of various factors including financial performance, market share, and overall brand influence.

Shandong's strong showing on the list underscores the province's significant contributions to China's economy and its growing brand influence on the global stage.

Notable Shandong companies that made the cut include Shandong Energy Group, Haier Group, Weiqiao Pioneering Group, Shandong Hi-Speed Group, and many more.

This recognition highlights the continued growth and innovation of Shandong's enterprises and their ability to compete on a global scale. The province's diverse range of industries, from energy and manufacturing to consumer goods, is well-represented on the list.