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Highlights from Premier Li's news conference

chinadaily.com.cn| Updated:  March 12, 2021 L M S

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 

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