The National People's Congress just issued urgent regulations to build a unified national market. Here's what it means for competition and procurement in China.

1️⃣ National People's Congress of the People's Republic of China — Regulations on Building a Unified National Market
The regulator issued an urgent announcement regarding the comprehensive legislative framework for establishing a consolidated and truly unified national economic space.
This policy hits domestic and foreign enterprises operating across various provincial lines that must now navigate standardized competition and public procurement rules.
Organizations should immediately prepare for a phased rollout of these regulations as central authorities move to eliminate regional local protectionism and market fragmentation.

2️⃣ JPX Market Innovation & Research, Inc. — Expanded Distribution of Securities Cross-Sector Data Platform
The provider announced the expanded distribution scope and new technical specifications for its integrated securities data distribution system.
This development hits institutional investors and data vendors relying on high-frequency financial data for comprehensive Japanese market analysis.
Affected firms must update their internal data systems to comply with the newly released specifications to ensure uninterrupted access to market signals.

3️⃣ Asset Management Association of China — 2026 Directory of Laws for Fund Industry Executive Evaluation
The association released the updated directory of laws required for the mandatory level evaluation tests for senior fund management personnel.
The update hits directors, supervisors, and senior executives within the Chinese asset management industry who are scheduled for professional qualification assessments.
Compliance departments must verify that internal training programs align with the 2026 directory to ensure candidates meet the latest licensing standards.

4️⃣ Inland Revenue Department — List of Debt Instruments Eligible for Profits Tax Concession
The department published the updated list of sovereign bonds and debt instruments qualifying for profits tax exemptions and concessions.
This update hits corporate treasury departments and fixed-income investors seeking to optimize tax liabilities for their Hong Kong-based portfolios.
Portfolio managers should conduct a thorough review of their holdings against this updated register to ensure accurate tax reporting and claim concessions.

5️⃣ Ministry of Power — Approval of Merger Plan for PFC and REC
The ministry confirmed that the boards of the Power Finance Corporation and the Rural Electrification Corporation have approved their strategic merger proposal.
This restructuring hits stakeholders across India's power sector financing landscape and institutional investors holding debt in these state-linked entities.
Market observers and financial analysts should monitor subsequent regulatory filings for the final timeline of the integration and any changes to mandates.

Full analysis in the attached RegNext Daily Asia-Pacific Radar carousel.

— Elena Navarro · Managing Editor, RegNext
Daily Asia-Pacific Radar · Tuesday 30 Jun 2026
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