To address the difficulties in invoicing for recycled resource recovery, missing input items, and weak supervision, the State Taxation Administration has vigorously promoted reverse invoicing. Multiple regions have simultaneously implemented integrated services of “payment triggers invoicing”, “invoicing triggers tax payment”, and “tax payment triggers treasury entry”, covering fields such as waste materials and agricultural products, and providing a mature compliance model for photovoltaic recycling.

On February 5, 2026, Jingdezhen City, Jiangxi has already realized the implementation of “payment triggers invoicing” in multiple scenarios such as recycled resources, agricultural product procurement, parking lots, accommodation, gas stations, and tourist attractions.

On March 3, 2026, ICBC Zhejiang Branch focused on four key areas: recycled resources, gas stations, parking property management, and agricultural product procurement, making precise breakthroughs and empowering the ecosystem. In the recycled resources scenario, with the help of the “Reverse Invoicing Assistant” SaaS cloud product, it provides convenient services of “payment triggers reverse invoicing, invoicing triggers tax payment, and tax payment triggers treasury entry”, solving industry pain points such as the difficulty for individuals to issue invoices and the lack of input vouchers for enterprises. It has currently been implemented in Jiaxing, Shaoxing, Quzhou, Lishui and other places, serving many county-level resource recycling manufacturing enterprises. In Jiaxing alone, the listed company Jiaao Environmental Protection project has issued invoices of more than 70 million yuan upon payment, accelerating the extension of financial services to the recycled resources industrial chain.

On March 20, 2026, the State Taxation Administration issued the Opinions of the State Taxation Administration on Launching the 2026 “Spring Breeze Action for Convenient Tax Services” (Shuizong Nafufa [2026] No. 18), which mentioned promoting the building of a co-governance ecosystem. Accelerate the promotion of the “joint use by tax and enterprises” model, focus on third-party payment institutions with strong compliance capabilities, superior information technology, and broad market coverage, and attract more high-quality entities to participate in the construction of the tax informatization ecosystem. Expand the application scenarios of “payment triggers invoicing”, and further extend “payment triggers invoicing” from high-frequency livelihood sectors such as parking lots, supermarkets and retail, agricultural product procurement, waste recycling, catering and accommodation, culture, tourism and entertainment, and transportation and travel, so as to connect payment and invoicing, improve the invoicing experience of business entities and the invoice-use experience of consumers, and promote the digital transformation of the economy and society. Carry out publicity of positive cases of compliant operations and honest tax payment, demonstrate the positive role that compliant operations bring to enterprise development, and promote a sound social atmosphere of honest operations and fair competition throughout society. Continue to expose typical tax-related illegal cases, send a strong signal of handling tax-related illegal acts in accordance with the law and cracking down on them severely, and guide enterprises to firmly establish the concept of paying taxes honestly according to law and operating in compliance.

In March 2026, the Dezhou Taxation Bureau of the State Taxation Administration in Shandong Province launched the project “Promoting the Application of ‘Payment Triggers Invoicing’ Scenarios”. At present, “payment triggers invoicing” is mainly applied in the fields of agricultural product procurement and recycled resource recovery, focusing on solving pain points such as the difficulty, low efficiency, and high risk of invoice issuance when individuals sell 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 triggers invoicing”. The “three-flow integration + reverse invoicing” model is mainly applied in the fields of recycled resource recovery and agricultural product procurement, and has now been comprehensively promoted. The application rate of eligible recycled resource recovery enterprises has reached 70%, and that of agricultural product procurement enterprises has reached 75.82%.

On April 13, 2026, ICBC Duyun Branch in Guizhou successfully reached cooperation on reverse invoicing business with a recycled resource recovery Co., Ltd. in Guizhou. The bank made full use of the product advantages of the Reverse Invoicing Assistant, namely “zero cost, low threshold, and high efficiency”, and provided guidance and support from a dedicated service team throughout the entire process, including individual real-name registration, enterprise operator order placement, individual QR code scanning for verification and order confirmation, enterprise finance review and payment with corporate online banking U-shield, and online invoice download, realizing a closed loop of transaction, payment, invoicing, and declaration, and completing a one-stop convenient experience of “payment triggers invoicing” for resource recovery enterprises.

On May 6, 2026, ICBC Wuzhou Branch in Guangxi achieved an important breakthrough in reverse invoicing business for the recycled resource recovery scenario. In the past, in transaction scenarios involving agricultural sideline products and recycled resources between enterprises and individuals, there were widespread problems such as difficulty in obtaining invoices, difficulty in VAT deduction, inconvenience for individuals to issue invoices, financial and tax risks for enterprises, and insufficient motivation for individuals to issue invoices. To solve industry pain points, ICBC Wuzhou Branch created a comprehensive service solution of “fund settlement + reverse invoicing + dedicated financial services” for enterprises, enabling them to realize one-stop payment, invoicing, and reconciliation services, and improving settlement and reconciliation efficiency.

On May 13, 2026, the Zhejiang Branch of the People’s Bank of China deeply extended the “payment triggers invoicing” service into four key areas: gas stations, parking property management, agricultural product procurement, and recycled resources, realizing empowerment across all scenario domains. Through cooperation with supply and marketing cooperatives and resource recycling enterprises in many places, it created a one-package digital financial model of “financing + payment + invoicing”.

On May 14, 2026, ICBC Wuxi Branch’s payment-triggered invoicing has been widely applied in industries such as recycled resource recovery enterprises, gas stations, and supermarkets in Wuxi.

On May 20, 2026, Linyi Huadong Metal City in Shandong and ICBC Shandong Branch held a discussion and exchange on deepening cooperation in the “payment triggers invoicing” business. Led by Teng Haiyang, Senior Manager of the Internet Finance Department, a team from ICBC Shandong Branch went to Linyi Huadong Metal City to conduct special business exchanges around empowering the digital transformation of the recycled resource recovery industry, and focused on making a phased summary of deepening the innovative financial service of “payment triggers invoicing” to help improve quality, increase efficiency, and achieve compliant development in recycled metal trading in the park. At present, the “payment triggers invoicing” business of Huadong Metal City is being fully piloted and promoted among merchants in the park.