The nation’s new premier, Li Qiang, says China needs to focus on high-quality development. He made the remarks at a press conference at the end of the National People's Congress on Monday, where he also warned of difficulties in reaching the five percent economic growth target for this year. Kelly Yu reports from Beijing:

The leaders of the United States, Britain and Australia, meeting in California, have given details of a defence pact that will provide Australia with nuclear-powered attack submarines. President Biden said the AUKUS pact would boost security and stability in the Asia-Pacific region for decades to come. A professor in politics and international relations in Shanghai says the announcement shows the US wants to keep up its 'harsh narrative' and 'Cold War mentality' against China. Josef Gregory Mahoney from East China Normal University spoke to Samantha Butler:

A representative of the catering industry says he thinks Hong Kong people will spend less of the next round of government consumption vouchers in restaurants than they did in previous handouts and will instead put the money towards daily necessities. People will get electronic vouchers worth $3,000 on April 16, and another $2,000 three months later. Ada Au reports:

The Chinese University says it has found that a type of low-concentration eye drops can prevent children from developing short-sightedness, unlike other methods which can only slow down worsening eyesight. Over the past six years, it studied some 470 children aged from four to nine, who are not short-sighted. It found the incidence of those developing myopia fell by about half from what might be expected after the children used low-concentration atropine eye drops for two years. Dr Jason Yam told Vanessa Cheng that short-sightedness should be prevented before it occurred:

A local economist says Hong Kong may not feel the impact of Silicon Valley Bank's collapse yet due to support from the US Treasury and Federal Reserve. US regulators shut down SVB on Friday after the US lender suffered a run on deposits. Terence Chong, an associate professor of economics at the Chinese University, says local tech companies may face greater difficulty in securing investment in the long run. He spoke to Ada Au about the effects of the bank's failure:

A professor of counselling and psychology has called on the government to provide more rental services for technology that could help carers of the elderly. Dr Bobo Lau from Hong Kong Shue Yan University made the call after its survey showed 70 percent of carers of elderly people aged 95 and over were living below the poverty line. Lau advocated for the use of more technology in community care, saying elderly caregivers were receptive to anything that could help them with their duties - such as special wheelchairs, electrical portable hoists, and shower commode chairs. But she told Janice Wong that carers struggled to find the right products:

Malaysian actress Michelle Yeoh has made history at the Oscars. She has become the first Asian woman to be named best actress for her role in the off-beat sci-fi film "Everything Everywhere All at Once", which dominated this year's Academy Awards. Wendy Wong reports:

A film academic says the world has waited a long time for an Asian woman to be awarded a best actress Oscar. Jason Coe, an assistant professor at Baptist University's film academy, said Michelle Yeoh's win at Sunday's Oscars ceremony shows that the US Academy of Performing Arts is willing to recognise talent from places other than the West. Coe told Violet Wong that Yeoh was an exceptional actor with a great range of talent and experience: