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