Qi Xiaozhai, a senior business consultant for the Shanghai Municipal Commission of Commerce, said that quick service restaurants still have much room for growth in lesser developed cities and townships in China because they are still a novelty.
The amount of materials used and emissions are also 70 and 80 percent lesser respectively.
It just requires choosing the best option, or the lesser of two evils, because all policies have both upsides and downsides.
The Customs Tariff Commission of the State Council made the decision on Feb 13, based on its announcement last year regarding giving such treatment to lesser developed countries and an exchange of letters between the Chinese government and the governments of these three countries.
"Private consumption and, to a lesser extent, fixed investment and infrastructure spending, will be key drivers of the rebound," said Louise Loo, senior economist at British think tank Oxford Economics.
"We expect China's growth to rotate in 2021, with momentum picking up in household consumption and corporate investment, while investment in infrastructure and, to a lesser extent, real estate, slows down," he said.
"After some entrepreneurs from Yangjiang paid multiple group visits to Southeast Asian countries in the first half of this year, they found that these countries — with a large population — have strong market vitality, but they attract relatively lesser attention from big-name international brands; therefore, Yangjiang's space for cooperation with Southeast Asian and BRI economies is huge," said Zhong.
However, it added that mooncakes with lesser salt, sugar and fat are increasingly becoming popular among consumers.
Besides their favorite activities of visiting beaches and enjoying the food, "we would like to promote exclusive tour packages in the northeast region, the lesser visited corner of Thailand filled with natural beauty and authentic Thai culture", he said.
"While lesser known outside of China, 1688. com is host to a huge number of Chinese wholesalers selling a variety of merchandise in the domestic market, and is a key part of the supply chain feeding retailers on Alibaba's Taobao and Tmall websites.
But we designed another end in Guangxi, so that on days when there is lesser demand from the Greater Bay Area, the power can be transmitted to Guangxi, where there is huge demand," said Zhang Yan.
"Now, the leaders in the China market are Japanese whiskey and then Scotch and to a lesser extent Irish whiskey.
Second, the assertion that the royalty discount violates China's WTO MFN commitment is totally absurd in that the royalty discount is not about paying a foreign licensor less compared to a domestic licensor, nor about a lesser amount to be paid by a domestic licensee compared to a foreign licensee.
The amount of materials used and emissions of air pollutants are also 70 and 80 percent lesser respectively.
Ramon T. Llamas, research director for IDC's Wearables Team, said in the report that despite the decline, a few vendors, such as Huawei, Garmin, and Huami, managed healthy growth thanks to lesser reliance on markets in China and further expansion into the United States, Europe, and other parts of Asia.
"Though the funds raised and the investment amount have fallen, the decline is lesser than expected," said Ni Zhengdong, chairman of Zero2IPO, at the 19th China Venture Capital & Private Equity Annual Forum on Tuesday.
Projects in the transport sector are also in the group's sights, though to a lesser degree.