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China's GDP growth may moderate to 6.2 percent year-on-year this year due to slowing exports and dampened investor confidence as trade tensions escalate, said a report published by the Asian Development Bank on Wednesday.

China will implement 50 agricultural assistance programs, provide 1 billion yuan (4 million) of emergency humanitarian food assistance to African countries affected by natural disasters, send 500 senior agriculture experts to Africa and train entrepreneurs in agribusiness.

China will increasingly rely on longer-term and special-purpose government bonds to finance construction and stabilize the economy, preventing the GDP growth rate slowing to a multi-decade low in the second half of this year, said economists.

China's benchmark prices for spot interbank gold transactions are lower Wednesday. [Photo/Sipa]

China will introduce overseas traders to the domestic iron ore futures market at the Dalian Commodity Exchange from May 4, which is expected to help develop a widely accepted price benchmark, said a top official from the DCE.