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Apple is increasingly relying on its services arm to bolster its balance sheets as iPhone revenue continues to decline. The Apple credit card,? Apple TV+ streaming service and Apple Arcade game streaming service are all part of this push.

Appotronics saw a year-on-year increase of 71.96 percent in operating income to 1.39 billion yuan, and the company's net profit reached 212 million yuan, up 87.43 percent.

April's new yuan loan growth represented an increase of 542 billion yuan year on year, the People's Bank of China said Friday.

As China is slow to release its subsidy-cutting scheme for 2019, some new energy carmakers have raised sticker prices to ensure their profit, but insiders expect that the prices of new energy vehicles will drop again eventually.

Approximately 54 kilograms of methamphetamine were also confiscated, police in Kunming announced Monday.