In 2023, the agriculture value added share of GDP in China was higher than the forecasted 2024 level of 6.51%. From 2024 to 2028, this share shows a consistent decline, with a projected compound annual growth rate (CAGR) indicating a steady yearly decrease. This trend reflects a gradual shift in China's economic structure, emphasizing industrialization and technological advancements over traditional agriculture.
For future trends, watch for:
- The impact of technological innovations in agriculture on productivity.
- China's policy changes affecting agricultural sectors.
- Global climate change effects on crop yields and agricultural dependency.