The forecast for total support on natural gas in China highlights a consistent increase from 2024 to 2028, projected to rise from $2.73 billion to $3.04 billion USD (constant 2020 values). Compared to 2023, when the value stood lower, the forecast indicates stability in support growth, with an aggregate annual growth rate (CAGR) of approximately 2.2%. Year-on-year variations reveal a steady increment averaging around 2.6% annually over the two-year period from 2024 to 2026.
Future trends to watch include:
- China's strategic shift towards cleaner energy sources could influence the volume of support.
- Government policies and international agreements might impact financial allocations and usage sectors.
- Technological advancements in energy efficiency could modify future financial projections.
