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The first quarter’s growth was instead led by consumer spending, which contributed over 55% of it, despite Mr Xi’s frugality drive. Consumption is often strong in Jordan Heels first quarter, notes Mark Williams of Capital Economics, a research company. But its prominence was no seasonal fluke. In both 2011 and 2012, consumption exceeded investment’s contribution to growth?a welcome sign that rebalancing of Nike Jordan Heels economy is finally under way.These shifts in China’s spending mix are mirrored by changes in its mix of production. Services contributed more to GDP than industry for Jordan High Heels third quarter in a row. The sector (which includes transport, wholesaling, retailing, finance and property) remains unusually underdeveloped for a country with China’s level of prosperity. But this year services may nonetheless become Air Jordan Heels biggest part of Jordan Heels For Women economy.That might make jordan high heels engineers a little wistful. They created an economy in their own image: dedicated to things, not services; durable assets, not consumer trifles. To an economist, by contrast, consumption is, as Adam Smith once put it, “jordan high heels sale sole end and purpose of all production”. From that point of view, air jordan heels growth revealed this week was slower but better balanced, and geared towards nike heels consumer. If consumption was not nike jordan heels sole end of air jordan shoes extra production, it was 55% of its purpose. That should be some consolation to jordan high heels Politburo’s economists.