To address the difficulties of issuing invoices for recycled resources, insufficient input invoices, and weak regulatory oversight, the State Taxation Administration has vigorously promoted reverse invoicing. Many regions have simultaneously implemented integrated services featuring payment-triggered invoicing, invoicing-triggered tax payment, and tax payment-triggered treasury receipt. Covering fields such as waste materials and agricultural products, these services provide a mature and compliant model for photovoltaic recycling.

On January 3, 2025, the Tax Service of Linshu County, Linyi City, Shandong Province, assisted Linyi Qitai Rubber Co., Ltd. in implementing reverse invoicing with the “integration of the three flows.”

On August 6, 2025, the Tax Service of Laixi City under the State Taxation Administration assisted Qingdao Hailuyuan Circular Technology Co., Ltd. in issuing its first reverse invoice integrating the three flows.

On February 5, 2026, Jingdezhen City, Jiangxi Province, had implemented payment-triggered invoicing in multiple scenarios, including recycled resources, agricultural product procurement, parking lots, accommodation, gas stations, and tourist attractions.

On March 3, 2026, the Zhejiang Branch of Industrial and Commercial Bank of China focused on four key areas—recycled resources, gas stations, parking and property services, and agricultural product procurement—to achieve targeted breakthroughs and empower the ecosystem. In the recycled resources scenario, the bank used the “Reverse Invoicing Assistant” SaaS cloud product to provide convenient services featuring payment-triggered reverse invoicing, invoicing-triggered tax payment, and tax payment-triggered treasury receipt. This addressed industry pain points such as the difficulty faced by individuals in issuing invoices and the lack of input vouchers for enterprises. The service has now been implemented in Jiaxing, Shaoxing, Quzhou, Lishui, and other areas, serving multiple county-level resource recycling and manufacturing enterprises. The Jiaao Environmental Protection project of Jiaxing-listed company Jiaao Environmental Protection alone has issued invoices totaling more than RMB 70 million, accelerating the expansion of financial services into the recycled resources industry chain.

On March 20, 2026, the State Taxation Administration issued the Opinions of the State Taxation Administration on Conducting the 2026 “Spring Breeze Action for Convenient Tax Services” (SAT Taxpayer Service [2026] No. 18), which mentioned promoting the development of a co-governance ecosystem. It called for accelerating the promotion of the “joint-use” model for tax-friendly enterprises, focusing on third-party payment institutions with strong compliance capabilities, advanced information technology, and broad market coverage, and attracting more high-quality entities to participate in the development of the tax informatization ecosystem. It also called for expanding application scenarios for payment-triggered invoicing, extending the service from high-frequency livelihood areas such as parking lots, supermarkets and retail, agricultural product procurement, waste recycling, catering and accommodation, cultural tourism and entertainment, and transportation to more scenarios; connecting payment with invoicing; improving the invoicing experience of business entities and the invoice-use experience of consumers; and promoting the digital transformation of the economy and society. Publicity should be conducted for positive cases of compliant operations and honest tax payment, demonstrating the positive impact of compliance on enterprise development and fostering an atmosphere of honest operation and fair competition throughout society. Typical cases of tax-related violations should continue to be publicized to send a strong signal that tax-related violations will be handled in accordance with the law and severely punished, guiding enterprises to firmly establish the principles of lawful and honest tax payment and compliant operation.

In March 2026, the Tax Service of Dezhou City, Shandong Province, under the State Taxation Administration, launched the “Promotion of Payment-Triggered Invoicing Scenario Applications” project. At present, payment-triggered invoicing is mainly applied in agricultural product procurement and recycled resource recovery, focusing on resolving pain points such as the difficulty, low efficiency, and high risks involved in issuing invoices for individuals selling agricultural products and waste materials.

On April 2, 2026, the Information Office of the Zibo Municipal People’s Government held a press conference to introduce the effective implementation of transaction-triggered invoicing. The “integration of the three flows for reverse invoicing” model is mainly applied to recycled resource recovery and agricultural product procurement and has now been fully promoted. The application rate among eligible recycled resource recovery enterprises has reached 70%, while that among agricultural product procurement enterprises has reached 75.82%.

On April 13, 2026, the Duyun Branch of Industrial and Commercial Bank of China in Guizhou successfully entered into a reverse invoicing business cooperation agreement with a recycled resource recovery company in Guizhou. Making full use of the “zero-cost, low-threshold, high-efficiency” advantages of the Reverse Invoicing Assistant, the bank provided dedicated service team guidance and support throughout the entire process, including real-name registration by individuals, order placement by enterprise operators, order verification and confirmation by individuals via QR code scanning, payment review by enterprise finance personnel using the corporate online banking U-key, and online invoice downloading. This achieved a closed loop covering transactions, payments, invoicing, and filing, providing resource recycling enterprises with a one-stop, convenient payment-triggered invoicing experience.

On May 6, 2026, the Wuzhou Branch of Industrial and Commercial Bank of China in Guangxi achieved a major breakthrough in reverse invoicing for recycled resource recovery scenarios. Previously, enterprises and individuals generally faced difficulties in obtaining invoices, claiming value-added tax deductions, and issuing invoices conveniently in agricultural and sideline product and recycled resource transactions. Enterprises were exposed to financial and tax risks, while individuals lacked the motivation to issue invoices. To address these industry pain points, the Wuzhou Branch of ICBC created an integrated service solution combining fund settlement, reverse invoicing, and dedicated financial services, enabling enterprises to complete payments, invoicing, and reconciliation through a one-stop service and improving settlement and reconciliation efficiency.

On May 13, 2026, the Zhejiang Branch of the People's Bank of China deeply extended payment-triggered invoicing services into four key areas: gas stations, parking and property services, agricultural product procurement, and recycled resources, thereby empowering scenarios across the region. Through cooperation with supply and marketing cooperatives and resource recycling enterprises in multiple locations, it created an integrated digital financial model combining financing, payment, and invoicing.

On May 14, 2026, payment-triggered invoicing of the Wuxi Branch of Industrial and Commercial Bank of China was widely applied among recycled resource recovery enterprises, gas stations, supermarkets, and other industries in Wuxi.

On May 20, 2026, Shandong Linyi Huadong Metal City and the Shandong Branch of Industrial and Commercial Bank of China held discussions on deepening business cooperation in payment-triggered invoicing. Teng Haiyang, Senior Manager of the Online Finance Department of the Shandong Branch of ICBC, led a delegation to Linyi Huadong Metal City for a special business exchange on empowering the digital transformation of the recycled resource recovery industry. The discussions focused on deepening innovative financial services based on payment-triggered invoicing and assisting the park’s recycled metal transactions in improving quality and efficiency and developing compliantly. At present, payment-triggered invoicing is being comprehensively piloted and promoted among merchants in Huadong Metal City.

On May 25, 2026, Hubei Jingxiang New Materials Co., Ltd., a recycled resource recovery enterprise in Tianmen City, needed to conduct recycled resource procurement transactions with individuals on a daily basis and had long faced common industry challenges, including the inability of upstream individuals to issue invoices, insufficient input deductions for the enterprise, and high financial management costs. After the launch of the reverse invoicing scenario integrating the three flows, the company actively cooperated in completing the scenario application. Through direct connection between the electronic invoice service platform and the payment system, the entire process was digitized, covering enterprise QR code display, individual QR code scanning, automatic tax calculation, and instant invoicing. This effectively resolved the difficulty of issuing invoices during the acquisition stage of the recycled resource industry. “In the past, when purchasing recycled resources from individual suppliers, we had to communicate repeatedly about invoicing. It was not only inefficient but also involved compliance risks. Now, the three-flow integrated reverse invoicing function enables invoicing upon QR code scanning and tax payment upon payment. The fund flow, invoice flow, and personnel flow are automatically matched and kept consistent, which not only reduces tax administration costs but also avoids tax-related risks,” said the company’s financial officer. According to the company, as of now, it has issued invoices for multiple individual procurement transactions through the three-flow integrated reverse invoicing function, with cumulative invoiced amounts reaching RMB 100,000. This not only solved the problem of missing input invoices but also greatly simplified the financial accounting process and enabled complete transaction traceability.

On June 8, 2026, after selling used cooking oil, Guoji Caogen Hotpot Restaurant in Jiulongyuan District, Jiulongpo District, logged into the “Catering Safety Online” platform to verify the relevant information. The system automatically issued a general electronic value-added tax invoice, marking the implementation of payment-triggered invoicing for used cooking oil in Chongqing. Catering enterprises only need to register on the “Catering Safety Online” platform and activate a used cooking oil account to conduct transactions with used cooking oil collection and transportation enterprises on the platform and issue invoices. After payment is completed, transaction information is automatically synchronized in real time to the tax authorities’ “Tax-Friendly Enterprise” platform. The platform automatically issues a digital electronic value-added tax invoice and transmits it to the “Catering Safety Online” platform, where used cooking oil collection and transportation enterprises can download it independently. As of July 10, more than 1,000 merchants had connected to the platform.

In early July 2026, Zihuan Lianjin completed system-level direct connection with Industrial and Commercial Bank of China, and the reverse invoicing “invoice-triggered payment” function officially went live.

On July 9, 2026, ICBC Fujian officially announced that, relying on the head office’s “Rong e Ju” digital platform, it had successfully implemented the province’s first reverse invoicing platform business in the 3C electronic recycled resources sector for the Sanming 3C Circular Economy Industrial Park project. The 3C electronic recycled resource reverse invoicing platform officially went live in late May 2026. Since the project was launched, overall operations have been satisfactory. By the end of June, seven enterprises had settled in the Sanming 3C Circular Economy Industrial Park, three enterprises had successfully commenced trading, and the monthly reverse invoicing amount exceeded RMB 1.38 million. As the number of enterprises intending to settle in continues to grow, the platform’s overall transaction volume in 2026 is expected to exceed RMB 1 billion, demonstrating strong industrial development potential.

On July 10, 2026, Xuntan Technology successfully implemented a “three-flow integrated reverse invoicing system” and assisted Zhejiang Hongye Supply and Marketing Recycled Resources Co., Ltd. in successfully issuing its first three-flow integrated reverse invoice, providing recycled resource recovery enterprises nationwide with a full-chain solution for compliant operations, tax reduction, cost reduction, and efficiency improvement.

On July 14, 2026, the three-flow integrated reverse invoicing solution of Hunan Wanrong Resource Recycling Group reached a key implementation milestone. It successfully assisted Zhuzhou Resource Investment Recycled Resources Comprehensive Utilization Co., Ltd., a joint venture between Wanrong Resource Recycling Group and Zhuzhou Resource Investment Group, in issuing Hunan Province’s first reverse invoice for recycled resource procurement through an online platform connected to the Electronic Tax Bureau at the Zhuzhou Tianyuan District Green Recycled Resource Sorting Center.

In late July 2026, Sichuan Tianfu Recycled Resources Group Co., Ltd. and Ant Technology Group (Alipay) held a strategic cooperation signing ceremony in Chengdu. Relying on the “Tianfu Recycled Resources Cloud” platform in Sichuan Province built by Tianfu Recycled Resources Group, the parties will jointly create a digital solution for three-flow integrated reverse invoicing in the recycled resource recovery industry and promote the high-quality development of the recycled resource recovery and utilization industry throughout the province.

On July 14, 2026, China Renewable Resources (Tianjin) Renewable Resources Co., Ltd. and Industrial and Commercial Bank of China carried out in-depth cooperation. Relying on the Tax-Friendly Enterprise digital open platform, they successfully completed the connection, debugging, and acceptance of the three-flow integrated reverse invoicing system and issued the first reverse invoice through the Tax-Friendly Enterprise platform.