Despite the economic slowdown, domestic brands of fast-moving consumer goods grew 4.4 percent last year - twice as quickly as global brands in China, and managed to capture trends such as "premiumisation" more effectively than their global counterparts.

According to global consulting firm OC&C Strategy Consultants' annual Global 50 report, 70 percent of all domestic brands in the sector are growing in sales, contributing to 80 percent of the overall growth.

Chinese companies WH Group (18) and Tingyi (47) ranked within the list of top 50 highest revenue-earners, according to the report. Mengniu, which ranked 52nd, narrowly missed out on a place on the list. Let's take a look at some of the top companies boasting the best financial performance.

No 10 L'Oreal

L'Oreal booth design [Photo/loreal.com]

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