In 2023, the share of budgetary expenditure on the promotion of agricultural products in China stood at approximately 1.06%. The forecast from 2024 to 2028 shows a slight decline, stabilizing around 1.05% until 2027, and further decreasing to 1.04% by 2028. The year-on-year variation indicates a subtle downward trend, with the compound annual growth rate (CAGR) reflecting a modest decline, highlighting a cautious approach towards agricultural promotion spending.

Future trends to watch for:

Evolving government priorities which could shift budget allocations to other sectors such as technology or infrastructure.
Potential changes in trade policies or agricultural policies might necessitate adjustments in budgetary allocations.
Growing emphasis on sustainable agriculture could influence promotional strategies and expenditure.