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On that same day, congressional Democrats introduced legislation for a universal background check, which is considered the most significant gun-control measure since Republicans took control of the House in 2011 and then lost it to Democrats in last year's midterm elections.

On Tuesday, during a trip to India, US President Donald Trump predicted that the novel coronavirus is "going to go away", while also expressing confidence that the epidemic will not seriously harm the global economy.

On points of diplomacy, Abe described Japan and China as being "inseparable" and said he "will seek to meet the expectations of the international community by developing friendly relations with China in a stable manner".

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On Wednesday, the MOF also announced tax incentives for venture capital firms, allowing them to deduct a certain amount of taxable income for investing in startups.

On Tuesday, Nevada Governor Steve Sisolak, who recently contracted the coronavirus, tightened restrictions on casinos, restaurants and private gatherings. The Democratic governor has avoided stricter mandates throughout the fall because of the potential damage to Nevada's tourism-based economy.

On Tuesday, Trump, who appointed Powell, had tweeted his opposition to another rate increase: "I hope the people over at the Fed will read today's Wall Street Journal Editorial before they make yet another mistake. Also, don't let the market become any more illiquid than it already is."

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On Wednesday, at the first plenary session of the new Central Committee, a new 25-member Political Bureau of the CPC Central Committee was elected.

On the other hand, the number of registered unmanned aircraft reached 392,000 in China last year and their commercial flying time reached 1.25 million hours, the CAAC said.

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On economic growth, IATA said GDP is forecast to expand by 2.7 percent in 2020.

On Wednesday, Kavanaugh can expect to spend most of the day in the hot seat, sparring with Democratic senators over abortion, guns, executive power and other high-profile issues.