Forecast: Total Support on All Fossil Fuels for Transportation in China

In 2024, China's support for fossil fuels in transportation is projected at 0.067% of GDP, a decline from previous years. Forecasts indicate a continual decline, with values dropping steadily to 0.001% by 2028. This notable annual decrease suggests a commitment to reducing fossil fuel reliance in the transportation sector.

Future trends to watch for:

  • China's potential emphasis on accelerating the transition to renewable energy sources.
  • Policy shifts promoting electric and alternative fuel vehicles.
  • Innovations in transportation technology that may influence fossil fuel dependency.

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