Economic growth is likely to slow to 4.8% in the third quarter and 5.3% in the fourth, with full-year growth expected to reach 5.5%, the poll showed.
China's central bank on Monday extended until the end of 2024 some policies which were unveiled in a November rescue package to shore up the real estate sector, including loan repayment extensions for developers.
Analysts polled by Reuters expect the central bank to cut banks' reserve requirement ratio (RRR) by 25 basis points in the third quarter, while keeping benchmark lending rates steady.
The central bank cut the RRR - the amount of cash that banks must hold as reserves - in March.
But the central bank is likely to be wary of cutting lending rates further.
Persons:
it's, Zhang Yiping, Li Qiang, Devayani Sathyan, Susobhan Sarkar, Jing Wang, Kevin Yao, Kim Coghill
Organizations:
Beijing, Reuters, Gross, China Merchants Securities, stoke, Thomson
Locations:
China, BEIJING, Bengaluru, Shanghai