The forecast for China's total support on all fossil fuels for general services as a percentage of GDP shows a marginal upward trend from 2024 to 2028. Starting at 0.009% in 2024, it grows slightly to 0.01% in 2025 and 2026, and further to 0.011% in 2027 and 2028. This suggests modest growth in the proportion of GDP dedicated to fossil fuel support over the forecast period.
Future trends to watch for:
- Potential policy changes and their impact on fossil fuel subsidies.
- Technological advancements and shifts towards renewable energy impacting fossil fuel reliance.
- Global energy market dynamics and their influence on domestic energy strategies.