Highlights from Premier Li's news conference
On Hong Kong
- The central government will continue to act in accordance with constitution and Basic Law over Hong Kong
- Decision on improving Hong Kong electoral system adheres to "one country, two systems"
- Central government to fully support Hong Kong in economic recovery, epidemic control
On sci-tech innovation
- China will continue boosting science, technology innovation
- Scientists will be given greater autonomy in utilizing funds for research
- China will introduce tax incentives on research and development projects
- China continues to encourage business startups in line with innovation drive
- China needs cooperation among scientists to achieve goals in tech innovation
- China will increase spending on basic research, which is key to enhancing the country's innovation capacity
On China-US relations
- China hopes to continue to see dialogue with US in several areas
- International community expects stable China-US ties
- China and the US have common interests
- China, US need to focus energy on cooperation
On reforms on market entities
- An important part of China's reforms is energizing market entities
- China will keep policies aligned with needs of market entities
- Success of market entities is vital to China's economy
- China will improve regulations for market fairness
- China aims to combat business malpractices
- The government will provide better services to foster business environment