The GDP energy intensity in China has been steadily declining, indicating improved energy efficiency. As of 2023, the energy intensity stood at 125.44 kilograms of oil equivalent per thousand US dollars PPP. From 2024 to 2028, forecasts suggest a continuous decline, with a Compound Annual Growth Rate (CAGR) of approximately -4.79%. Year-over-year reductions highlight a trend towards more efficient energy use, dropping 4.75% in 2025 and 4.90% in 2026. By 2028, the intensity is projected to decrease by an additional 5.20% compared to 2027.
Future trends to watch for:
- China's policy measures to boost renewable energy adoption and technological advances.
- The impact of economic growth patterns on energy demand and efficiency.
- Global shifts in energy markets and potential influences from international environmental agreements.