Forecast: Total Support on Natural Gas for Fossil Fuel Production in China

The forecast for total support on natural gas for fossil fuel production in China shows a steady increase from 2024 to 2028, beginning at 1.6 billion USD in 2024 and reaching 1.67 billion USD by 2028. The year-on-year growth rate is moderate, with an average annual increase of approximately 1.25%. In 2023, this support was slightly below 1.6 billion USD, reflecting a stable but modest growth trajectory.

Future trends to watch for:

  • Policy changes affecting renewable energy investment could alter fossil fuel support dynamics.
  • Technological advancements in natural gas extraction may influence future support requirements.
  • Global market fluctuations in natural gas prices could impact economic assessments.

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