The forecasted support for fossil fuels in China as a percentage of GDP shows a declining trend from 2024 to 2028. Starting at 0.097% in 2024, it is expected to decrease annually, reaching 0.025% by 2028. This consistent year-on-year reduction demonstrates an approximate decrement of 0.018 percentage points, reflecting a concerted effort to shift away from fossil fuel dependency. Comparing annually, the average Compound Annual Growth Rate (CAGR) over the five years is negative.
Future trends to watch for include China's policies on transitioning to renewable energy sources, investments in green technology, and potential economic shifts that could alter these projections. Monitoring global energy market dynamics will also be crucial.
