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China's economy expanded 6.7 percent in the first three quarters, down from 6.8 percent in the first half but staying above the government's annual target of around 6.5 percent.

China's e-commerce giant Alibaba took sixth on the list with 2.53 billion in brand valuation, up 16 percent year-on-year, while JD.com saw a 24 percent surge to .49 billion, according to the report. Chinese internet heavyweight Tencent came in seventh with a brand value of 0.98 billion.

China's economy has entered a period featuring medium-high growth rather than fast growth, along with upgraded economic structure and innovation. The changes in the world's second-largest economy are driving demand for skilled workers and entrepreneurs.

China's non-financial outbound direct investment grew 1.8 percent year-on-year to 107.86 billion yuan (.5 billion) in the first two months of this year, the Ministry of Commerce announced on Thursday.

China's economy expanded 6.2 percent in the first three quarters, within the government's annual target of 6 to 6.5 percent.