In 2023, total support on all fossil fuels for consumers in China stood at 28.33 billion US dollars. Forecasted data from 2024 to 2028 shows a stable upward trend, with support expected to increase from 28.38 billion US dollars in 2024 to 28.65 billion US dollars in 2028. Year-on-year variations indicate slight growth, suggesting a consistent but slow increase. The Compound Annual Growth Rate (CAGR) reflects a low yet steady rise, indicating minimal volatility over the five-year period.
Future trends to watch include the potential impact of China's policy shifts towards renewable energy, which may alter the trajectory of fossil fuel support. Additionally, global economic factors and technological advancements in energy may influence future support levels.
