China’s economic growth is expected to hit 7 percent during the second quarter this year thanks to the lower base effect last year and a steady recovery of consumption, according to market forecasts.

Some analysts say that the central government may roll out more stimulus policies starting from the third quarter in various aspects including real estate, consumption and new economy to ramp up pace of economic recovery.

The National Bureau of Statistics (NBS) is set to release a raft of major macro-economic data for the second quarter on Monday, including GDP, industrial output, capital investment and retail sales.

“Given the lower base of 0.4 percent year-on-year growth recorded in the second quarter of 2022, the GDP is expected to expand 6.5-7 percent between April and June this year,” Chen Fengying, a research fellow at China Institutes of Contemporary International Relations, told the Global Times on Sunday.