From the missing of the romance corresponding tags, i guess no. Unless it's later in the un-translated chapters.
No romance so far but there are few flirting(misunderstood by watchers) moments between water fairy and Lu Li
There's a love interest of sorts. She's interested in him and he somewhat gets it but romance really is not one of the MC's priorities.
Lu Li x Water Fairy ship is already sailing. Spoiler Will get married in the far future, around chapter 1900+ in game. I don't know what happened before that because I only tried mtl-ing the latest chapter from the raws