"World Famous Brand 500, Year 2005" the event held by The Patriotic Chinese Business Association, Sino-US Economy, Trade and Investment Chamber of Commerce, World Brand Organization announced its "World Famous Brand" on Nov.14th in Macao. Sinochem Corporation, along with other 27 named was among the list.
The final 500 names come from more than 1000 global well-known brands from more than 80 countries. Ms. Zhou, the Chairman of World Renowned Company Association said the criteria includes 21 key indicators including the independency, global market development, innovation and information processing, development potential, its contribution to the regional economic development etc. She said China's world renowned brands are quite instrumental for China economy's rapid development. It is also beneficial for enhancing China economy's aggregate power and the building-up of a well-off society.