The forecast for direct transfers on all fossil fuels for consumers in China shows a decreasing trend from 2024, starting at 18.25 billion USD, down to 15.58 billion USD in 2028. This represents a year-on-year decline of approximately -3.7% from 2024 to 2028. The compound annual growth rate (CAGR) over this period is about -3.9%. In 2023, this value was slightly higher than the 2024 forecast, indicating a consistent downtrend.
Future trends to watch for include the impact of China's energy policy shifts towards renewable energy, which may further reduce fossil fuel subsidies. Additionally, international market fluctuations or regulatory changes could influence direct transfer levels significantly.
