Based on forecasted data, China's fossil fuel support, expressed as a percentage of tax revenue, is expected to decline significantly from 2024 to 2028. Starting at 0.86% in 2024, it is projected to decrease steadily, dropping to 0.45% by 2028. This forecast indicates an annual average percentage decrease, or CAGR, signaling a firm commitment to reducing fossil fuel incentives relative to tax revenue over the next five years.

Future trends to watch for include:

Policy shifts supporting renewable energy to replace fossil fuel reliance.
Potential changes in tax revenue influencing the percentage support allocation for fossil fuels.
International pressures and environmental commitments impacting China's energy policy decisions.