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Apple registered shrinking sales revenue in China across all of its leading products, iPhones, Macs, and iPads, along with reduced footfall in its stores.

Apple will offer an option for a physical card made of titanium, but with no visible number. Instead, the card's number is stored on a secure chip inside the iPhone, which will generate virtual numbers for online or over-the-phone purchases that require a number.

Apple said in a statement that the two companies had inked an agreement to dismiss all litigation between them worldwide. The settlement includes an undisclosed payment from Apple to Qualcomm.

As China will mark the 40th anniversary of its reform and opening up this year, analysts expect more specific measures to widen market access for global businesses during the two sessions.

Around 60 candidates were chosen for their outstanding deeds of helping other people, 60 for acting bravely for a just cause, 56 for being honest and trustworthy, 65 for working hard and making great contributions and 62 for showing filial piety and love for their family.