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Apple is planning a press event later this month in New York City, reports Kara Swisher of AllThingsD.com, quoting anonymous sources.?Alexia Tsotsis of TechCrunch follows up with confirmation and an extra detail?—?reporting that Apple will be announcing improvements to its iBooks platform.

Apple Inc will invest billion in new data centers in Guizhou province in China, as the United States tech giant steps up efforts to meet local consumers' growing demand for cloud services.

As China has offered a number of policies to spur consumer spending and offer more market access to global companies, P&G has expanded its innovation capacity in China and has been able to build its brands under an increasingly transparent regulatory environment, Pritchard said.

Archeologists also found a part of the roof of a "luxury horse-drawn carriage" beside a four-meter-wide road, proving the township was once prosperous, according to Yang.

As China transitions to an innovation－and services-driven economy, high-tech and emerging industries are picking up momentum. Telecommunications, new energy vehicles and organic light-emitting diode or LED manufacturers all posted hefty profit growth.