Forecast: Gross Production Value of Agriculture in China

In 2023, the Gross Production Value of Agriculture in China stood at 92.26 hundred billion Yuan Renminbi. The forecast data from 2024 to 2028 indicate a continuous upward trend, with year-on-year growth rates of approximately 6.5% in 2024, 6.5% in 2025, 6% in 2026, 5.6% in 2027, and 5.3% in 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is projected to be around 5.8%, signaling robust expansion in China's agricultural sector.

Future trends to watch for:

  • Technological advancements in agriculture could boost productivity further.
  • Government policies aimed at supporting sustainable farming may impact production values.
  • Global market demands and climate change will continue to shape China's agricultural strategies.

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