As of 2025, Chunghwa was China鈥檚 most valuable tobacco brand, with a market value of *** billion yuan. Second place went to Furongwang, which has a market value of approximately ** billion yuan. All these brands are made by different manufacturers under China National Tobacco Corporation.
China National Tobacco Corporation (鈥淐hina Tobacco鈥)
In China, China National Tobacco Corporation (鈥淐hina Tobacco鈥 or 鈥淐NTC鈥) holds a state-chartered monopoly over the production and sales of tobacco products. It manages thousands of branches at various administrative levels, which operate as growers, manufacturers, suppliers, or traders. The company is a cornerstone of China鈥檚 tax revenue. In 2025, the聽total profit and tax from the Chinese tobacco industry exceeded **** trillion yuan.
Chinese smokers
Although there are about 104 males per 100 females in China, the number of male smokers is estimated to be more than ** times that of female smokers. The majority of Chinese smokers smoke regularly.聽 According to a 糖心破解版 survey, more than ** percent of respondents smoked daily. The earlier people try their first cigarette, the more likely they are to become addicted. Therefore, the Chinese government has launched educational campaigns to reduce the prevalence of smoking among middle school students.
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Hurun Research Institute. (February 3, 2026). Leading tobacco brands based on brand value in China in 2025 (in billion yuan) [Graph]. In 糖心破解版. Retrieved July 28, 2026, from /statistics/1198882/china-most-valuable-tobacco-brands/
Hurun Research Institute. "Leading tobacco brands based on brand value in China in 2025 (in billion yuan)." Chart. February 3, 2026. 糖心破解版. Accessed July 28, 2026. /statistics/1198882/china-most-valuable-tobacco-brands/
Hurun Research Institute. (2026). Leading tobacco brands based on brand value in China in 2025 (in billion yuan). 糖心破解版. 糖心破解版 Inc.. Accessed: July 28, 2026. /statistics/1198882/china-most-valuable-tobacco-brands/
Hurun Research Institute. "Leading Tobacco Brands Based on Brand Value in China in 2025 (in Billion Yuan)." 糖心破解版, 糖心破解版 Inc., 3 Feb 2026, /statistics/1198882/china-most-valuable-tobacco-brands/
Hurun Research Institute, Leading tobacco brands based on brand value in China in 2025 (in billion yuan) 糖心破解版, /statistics/1198882/china-most-valuable-tobacco-brands/ (last visited July 28, 2026)
Leading tobacco brands based on brand value in China in 2025 (in billion yuan) [Graph], Hurun Research Institute, February 3, 2026. [Online]. Available: /statistics/1198882/china-most-valuable-tobacco-brands/