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The Fed statement came after the U.S. Commerce Department reported earlier in the day that U.S. real gross domestic product in the first quarter contracted at an annual rate of 4.8 percent, the biggest quarterly decline since the 2008 financial crisis.

The Guangdong FTZ has also performed well in terms of cross-border trade, taxation and access to loans, according to KPMG's report.

The Hong Kong leader said on her social media account these measures were based on science and facts.

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The Foreign Investment Risk Review Modernization Act would help stop foreign countries from eroding the US military advantage by acquiring sensitive dual-use technology by investing in American companies, a press release from Cornyn's office said.

The H-1B visa, a program for high-skilled workers that many Silicon Valley companies rely on, has become a target for reform by the administration.

The Haikou store, located in the Mova Shopping Mall, covers more than 13,000 square meters, while the Boao store, near the Boao Forum for Asia in Qionghai site, covers more than 4,200 square meters.

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The HKEX said it would have more talks with LSE shareholders and refused to give up on the deal.

The Hong Kong-listed firm reported 14.2 billion yuan (.1 billion) of net profit for the three months ending December, down 32 percent year-on-year. Full-year net profit reached 78.7 billion yuan, up 10 percent from a year ago.

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The IEA report forecast that the share of natural gas in the energy mix would double to 12 percent by 2040. That of coal will drop to 45 percent.

The Fed is set to announce its interest rate decision on Thursday Beijing time, with analysts widely anticipating that it will lift interest rates again.