In 2023, China's climate change-related resources tax revenue was yet to experience the subsequent growth forecasted for the next five years. Starting from 2024, these revenues are projected to grow from 30.73 billion USD to 35.87 billion USD in 2028, indicating a steady increasing trend.
The year-on-year growth from 2024 to 2025 is projected at approximately 4.2%, followed by similar increments in the subsequent years. The average annual growth rate (CAGR) over this five-year period is around 4.2%.
Future trends to watch include the impact of China's evolving environmental policies and international climate agreements, which may drive further increases. Additionally, advancements in green technologies and shifts in industry practices might influence these forecasted figures.
