He noted that Hong Kong will have greater influence in the western cities of Guangdong, promoting the development of local economies.
He called the project transformative, noting that high-quality public infrastructure investment brings many benefits to the lives of the citizens, including growing the economy, generating jobs and building skills.
He believes the civil code will provide more support for the drive to protect people's rights by rule of law.
He made the remarks at a news conference held on the sidelines of the ongoing 19th National Congress of the Communist Party of China.
He demanded better coordination and ability to predict and prevent risks, and improve the precision and efficiency of social governance.
He made the statement in a keynote speech at the opening ceremony of the annual meeting of New Champions in Tianjin, known as Summer Davos. China has a labor force of nearly 900 million people, including more than 170 million who received higher education or have special skills, Li said.
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He expected PPI growth to peak in the first quarter as China's aggregate demand will level off in the following quarters, given China's stable economic performance.
He now has 971 pledged delegates to 737 for his main opponent, Bernie Sanders, according to Edison Research, while the latter said he was assessing his campaign's prospects.
He noted that national security, social stability and the order of the rule of law are the prerequisites for the development of Hong Kong and this legislation has followed the people's wish.
He hailed the Belt and Road Initiative, and said it is a good platform for international cooperation.