In 2023, the total support on all fossil fuels for electricity generation in China was recorded at a value consistent with current forecasts. From 2024 to 2028, there is a gradual declining trend in support, with the figures decreasing from 222.58 million US dollars in 2024 to 215.44 million US dollars in 2028. The year-on-year variation shows a consistent decline by just around 0.8% annually. Over this five-year forecast period, the compound annual growth rate (CAGR) is approximately -0.8%.

Future trends to watch for:

Potential policy shifts towards renewable energy that could accelerate the reduction in fossil fuel support.
Technological advancements in energy efficiency, potentially influencing the pace of the decline.
Impact of international climate agreements on domestic energy investment strategies.