The forecast for tax expenditure on fossil fuels in China from 2024 to 2028 is steady at 0.047% of GDP annually. This consistency indicates no significant policy changes towards fossil fuel subsidies within this period. Comparatively, no data is provided for 2023, so the previous year's baseline is unknown. The absence of year-on-year variation over the forecast period suggests that the policy landscape is expected to be stable for the foreseeable future.

Future trends to monitor include:

Potential policy shifts towards renewable energy in China's energy strategy.
Global energy market fluctuations that could influence China's domestic tax expenditure policies.
Domestic economic growth impacts on GDP and relative spending figures.