The forecast for China's share of transport services imports shows a gradual decline from 2024 to 2028. In 2023, this share served as a baseline against which the subsequent years have been measured. Notably, the year-on-year variation indicates a consistent, though modest, downward trend. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) further emphasizes a steady, average decline per year.
Looking ahead, potential factors influencing these trends include:
- Technological advancements improving transportation efficiency within China.
- Shifts in trade policies impacting international transport reliance.
- Environmental regulations affecting transport industry costs and operations.
- Economic growth and its impact on domestic transport infrastructure investment.
