Deep Tide TechFlow News, April 5 — Recently, the State Taxation Administration and the China Banking and Insurance Regulatory Commission jointly issued the "Notice on Further Deepening and Standardizing the 'Bank-Tax Interaction' Work," which emphasizes the need to deepen the application of bank-tax data. The notice standardizes the content and methods of providing bank-tax data, further resolving information asymmetry between banks, tax authorities, and enterprises. It encourages regions to utilize technologies such as blockchain and privacy computing to lawfully and compliantly innovate the "Bank-Tax Interaction" model. Banks will continue to optimize credit services, increase financing support for honest taxpayers, and continuously monitor the effectiveness of the bank-tax interaction loan models to improve risk management levels.