The direct transfer on coal for all beneficiaries or sectors in China is forecasted to show a modest upward trend from 2024 through 2028, increasing from 0.02% to 0.023% of GDP. This represents very slight annual growth rates ranging from 0% to 4.55%. The compound annual growth rate (CAGR) over the five-year period suggests an average increase of approximately 2.42% per year.
Future trends to watch for include:
- Potential shifts in energy policy that could impact coal subsidies or support mechanisms.
- Economic changes affecting the proportional GDP value dedicated to coal, as China continues its transition to alternative energy sources.
- Global energy market fluctuations that may influence domestic decisions regarding coal utilization.