[Post 1305] China Cuts Growth Target, But Space, C-Beauty And Elder Care Are Booming | CNA Correspondent

Summary

At the recently concluded Two Sessions - China’s most important political event of the year - policymakers lowered the country’s economic growth target for the first time in three years. Yet beyond the tempered outlook, pockets of quiet momentum are emerging. Even as broader growth slows, some industries are bucking the trend and showing surprising resilience. CNA Correspondent takes a closer look at the space, cosmetics and palliative care sectors to unpack the forces driving their growth - and what their rise reveals about the shifting dynamics of China’s economy.