BEIJING ECCO Hombre Espinho Low Negras España , May 31 -- Small and medium-sized cities will play a major role in driving China's consumption growth in the coming decade, according to a Morgan Stanley economist.

Robin Xing, the investment bank's chief China economist, predicted on Wednesday that national annual consumption will rise to 9.7 trillion U.S. dollars in 2030 from last year's 4.4 trillion dollars on the sidelines of the Morgan Stanley China Summit in Beijing.

""Third- and fourth-tier cities will contribute nearly two thirds of the increase,"" Xing said.

The proportion outshines the 9 percent from megacities such as Beijing and Shanghai, and the 21 percent for second-tier cities. Consumption in rural areas is expected to reach 400 billion U.S. dollars ECCO Hombre Intrinsic 2 Botas Negras España , accounting for 7 percent of the total.

Personal consumption in such cities will grow the fastest at 8.7 percent year on year from now to 2030, according to Xing.

The economist, who has headed Morgan Stanley's research team in China for a year, said the promising prospects are based on the rapid population growth in smaller cities and a closing income gap with large cities.

""In contrast with dawdling first-tier cities, the number of permanent residents in smaller cities will see robust growth thanks to higher birth rates, relaxed household registration control and cheaper living expenses ECCO Hombre Cs16 Sport Sneakers Negras España ,"" Xing said.

The combined registered population in smaller cities is predicted to rise 2.5 percent each year throughout the 2017-2030 period, faster than 2 percent and 0.6 percent in second- and first-tier cities, respectively.

Xing also expects people living in smaller cities will have deeper pockets as the rapid urban development will boost incomes. Moreover, tame home prices and an improved environment will allow diminished precautionary savings and more money to be used for consumption, he added.

The rise of small and medium-sized cities is likely to push China's ongoing economic shift from industry to services and from investment to consumption. In the first quarter, consumption contributed 77.2 percent of the GDP increase.

Xing remained bullish on the outlook for the world's second-largest economy ECCO Hombre Cool Gtx Negras España , predicting continued growth momentum and ruling out the possibility of a hard landing or a cash crunch in the money market.

He cited more flexible regulation on the yuan's exchange rate, well-managed financial tightening, robust exports, recovering private investment, and a more stable property sector.

However, he believes the GDP growth has peaked after a strong start in 2017 ECCO Windsor Slip On Negras España , and the slowdown will likely resume in the next quarters.

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WASHINGTON, Sept. 19 (Xinhua) -- People who play Americanfootball before the age of 12 are more likely to have impaired moodand behavior later in life, a U.S. study said Tuesday.

Researchers from the Boston University studied 214 formerAmerican football players, including 43 who played only throughhigh school and 103 who played only through college.

The average age of the former players at the time of the studywas 51.

Participants received telephone-administered cognitive tests andcompleted online measures of depression, behavioral regulation,apathy and executive functioning such as analyzing ECCO Hombre Yucatan Sandalias Wild Dove Titanium Negras España , planning, andorganizing tasks.

The study showed that participation in youth football before age12 increased the risk of problems with behavioral regulation,apathy and executive functioning by two-fold.

These participants also had more than three times the odds fordepression.

"Overall, our study provides further evidence that playingAmerican football before age 12, and being hit in the headrepeatedly through tackle football during a critical time of braindevelopment, is associated with later-life problems with mood andbehavior ECCO Hombre Cheja Sandalias Warm Grises Olive Oil España ," said Robert Stern, the corresponding author of thestudy.

The researchers were surprised to find no association betweenage of first exposure and cognitive function such as reasoning,memory, and attention, but they noted that this may have had to dowith how they gathered their data.

Cognition was measured by using a brief test that wasadministered over the telephone, rather than a more thorough ECCO Hombre Yucatan Sandalias Tarmac España ,in-person neuropsychological examination, such as that used inprevious research, said Stern.

The researchers cautioned that the findings cannot begeneralized beyond to female players or other contact sports.Because this is a cross-sectional observational study, it does notallow for conclusions about cause and effect.

"More research on this topic is needed before anyrecommendations on policy or rule changes can be made," Sternadded.

The findings were published in the open access journalTranslational Psychiatry. Enditem

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iPad two Camera and Multimedia

As the recognized addition for the iPad 2nd era, the entrance iPad 2 camera plus the back digicam ECCO Hombre Yucatan Sandalias Negras Mole España , are undoubtedly a welcome addition, nevertheless it is usually not best for any qualified professional photography or for high-def video clip chats. The iPad two isn’t really a flawless product, as a matter of fact within our findings the iPad2 cameras are honestly significantly less than ideal.

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