In 2023, the Gross Production Value of Agriculture, Forestry, Animal Husbandry, and Fishery in China was 166.72 hundred billion Yuan. From 2024 to 2028, the forecasts indicate a steady annual growth, starting at 176.58 in 2024 and reaching 214.64 by 2028. This upward trend reflects a compound annual growth rate (CAGR) of approximately 5.3% over this five-year span. Year-on-year, the growth percentages from 2024 to 2028 are approximately 5.5%, 5.1%, 4.8%, and 4.6% respectively, highlighting a consistent but slightly decelerating growth trajectory.
Future trends to watch for include potential impacts of climate change on agricultural productivity, technological advancements in farming practices, shifts in domestic and international demand, and government policy changes aimed at sustainability and food security. These factors could significantly influence growth outcomes beyond the current forecast.
