Legal analysis: The legislative purpose of the Regulation on the Administration of Credit Information Industry is mainly to standardize credit information activities, protect the legitimate rights and interests of parties, guide and promote the healthy development of credit information industry and promote the construction of social credit system. Credit information industry is an industry that provides credit information services in the market economy. As an enterprise providing credit information services, credit reporting agencies legally collect credit information of enterprises and individuals according to certain rules, process and sort out credit reporting products of enterprises and individuals, and provide them to information users who have legitimate needs in economic activities, such as lenders, credit sellers, bidders, lessors, insurers, etc. To facilitate them to know the credit status of their counterparties. Therefore, the purpose of national credit management is to promote the healthy and orderly development of the credit industry, to promote the continuous improvement of national laws and regulations, to protect the legitimate rights and interests of credit subjects, and to facilitate the exchange and cooperation of international credit business.

Legal basis: Regulations on the Administration of Credit Information Industry Article 1 These Regulations are formulated in order to standardize credit information activities, protect the legitimate rights and interests of parties, guide and promote the healthy development of credit information industry and promote the construction of social credit system.