In 2023, China's total support for coal in fossil fuel production was estimated slightly lower than the forecasted value of 2.43 Billion US Dollars for 2024. From 2024 to 2028, there's a consistent yearly increase in the support, with values projected to rise steadily, reaching 3.03 Billion US Dollars by 2028. Each year, there is an approximate year-on-year increment of around 6%, signifying a strong upward trend. Over the five-year forecast period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) stands at about 5.5%, indicating moderate growth.

Future trends to watch for:

The increasing focus on renewable energy that might impact coal support policies.
Potential regulatory changes due to environmental concerns could alter the support structure.
Economic shifts influencing industrial demands for coal might affect financial allocations.