To address the difficulties of invoicing for recycled resource recovery, advance tax deduction, weak supervision, and other issues, the State Taxation Administration has vigorously promoted reverse invoicing. In many regions, integrated services such as pay-first-invoice, invoice-first-pay-tax, and tax-first-stock-inbound have been implemented simultaneously, covering areas including waste materials and agricultural products, and providing mature and compliant templates for photovoltaic recycling.

On February 5, 2026, Jingdezhen City, Jiangxi Province achieved the rollout of pay-first-invoice in multiple scenarios, including recycled resources, agricultural product procurement, parking lots, accommodations, 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 services, and agricultural product procurement, achieving precise breakthroughs and empowering the ecosystem. In the recycled resources scenario, leveraging the SaaS cloud product Reverse Invoicing Assistant, it provided convenient services of pay-first-reverse-invoice, invoice-first-pay-tax, and tax-first-stock-inbound, addressing industry pain points such as difficulty for natural persons in issuing invoices and enterprises lacking input-tax deduction vouchers. It has currently been implemented in Jiaxing, Shaoxing, Quzhou, Lishui, and other locations, serving many county-level recycled resource recovery and manufacturing enterprises. For example, Jia'ao Environmental Protection Project of the listed company in Jiaxing alone has invoiced more than 70 million yuan, accelerating the extension of financial services into the recycled resources industrial chain.

On March 20, 2026, the State Taxation Administration issued the Notice of the State Taxation Administration on Carrying Out the “Convenience Tax Services Spring Breeze Action” in 2026 (Tax General File No. 2026-18), proposing to promote the building of a co-governance ecosystem. It will accelerate the promotion of the “joint use” model of LetQiye, 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 construction of the tax digital ecosystem. It will expand application scenarios for pay-first-invoice, promoting its further extension from high-frequency livelihood sectors such as parking lots, retail supermarkets, agricultural product procurement, waste recovery, catering and accommodation, cultural tourism and entertainment, and transportation, to connect payment and invoicing, improve the invoicing and consumption-billing experience of business entities and consumers, and advance the digital transformation of the economy and society. It will carry out publicity of compliant operations and honest tax-paying positive cases, demonstrate the positive role of compliant operations in enterprise development, and foster a good atmosphere of honest tax compliance and fair competition across society. It will continue exposing typical tax-related violation cases, releasing a strong signal of legal handling and strict crackdown on tax-related violations, guiding enterprises to firmly establish the concepts of honest tax compliance and compliant operations.

In March 2026, the State Taxation Administration's Tax Bureau in Dezhou City, Shandong Province launched the project of “promoting application of pay-first-invoice scenarios.” At present, pay-first-invoice is mainly applied in agricultural product procurement and recycled resource recovery, focusing on solving pain points such as difficulty for natural persons in selling agricultural products and waste materials to issue invoices, low efficiency, and high risk.

On April 2, 2026, the Information Office of the Zibo Municipal People's Government held a press conference to introduce the practical results of “transaction-first invoicing.” The “three-flows-in-one reverse invoicing” model is mainly applied in recycled resource recovery and agricultural product procurement. It has now been fully promoted, with the application rate of qualified recycled resource recovery enterprises reaching 70% and the application rate of agricultural product procurement enterprises reaching 75.82%.

On April 13, 2026, the Industrial and Commercial Bank of China Zunyi Branch successfully completed reverse invoicing business cooperation with a certain recycled resource recovery limited liability company in Zunyi, Guizhou. The branch fully leveraged the product advantages of the reverse invoicing assistant, which offers “zero cost, low threshold, and high efficiency,” and, with guidance and support from a dedicated service team throughout the process, from natural person real-name registration, enterprise operator ordering, natural person scanning code to verify and confirm orders, enterprise finance on the enterprise network U Shield review and payment, to online invoice download, achieved a closed-loop process of transaction, payment, invoicing, and declaration, completing a one-stop convenient experience of pay-first-invoice for recycled resource recovery enterprises.

On May 6, 2026, the Wuzhou Branch of Industrial and Commercial Bank of China Guangxi achieved an important breakthrough in reverse invoicing for recycled resource recovery scenarios. In the past, enterprises and natural persons generally faced problems in agricultural by-products and recycled resource trading scenarios such as difficulty obtaining invoices, difficulty in input-tax deductions, and inconvenient invoicing for natural persons, while enterprises faced tax and finance risks and insufficient motivation for natural persons to issue invoices. To solve these industry pain points, the Wuzhou Branch of Industrial and Commercial Bank of China created an integrated service solution of “fund settlement + reverse invoicing + dedicated financial services” for enterprises, enabling one-stop payment, invoicing, and account reconciliation services and improving settlement and reconciliation efficiency.

On May 13, 2026, the Zhejiang Branch of the People's Bank of China will deeply extend the pay-first-invoice service to the four key areas of gas stations, parking services, agricultural product procurement, and recycled resources, achieving empowerment across all scenarios. Through cooperation with local supply and marketing cooperatives and recycled resource recovery enterprises, it has created an integrated digital financial model of “financing + payment + invoicing.”

On May 14, 2026, the pay-first-invoice service of the Wuxi Branch of Industrial and Commercial Bank of China has been widely applied in industries such as recycled resource recovery enterprises, gas stations, and supermarkets in Wuxi.

On May 20, 2026, Shanghai Linyi Huadong Metal City and the Shandong Provincial Branch of Industrial and Commercial Bank of China held a discussion to deepen cooperation on the pay-first-invoice business. The manager Teng Haiyang from the network finance department of the Shandong Provincial Branch of Industrial and Commercial Bank of China went to Linyi Huadong Metal City to carry out special business exchanges around digital transformation of the recycled resource recovery industry and empowerment. The focus was on deepening innovative financial services for pay-first-invoice, helping the park's recycled metal trading achieve quality improvement and efficiency gains, and summarizing the phased progress of compliant development. At present, the pay-first-invoice business of Huadong Metal City is being fully piloted and promoted among merchants in the park.

On May 25, 2026, Hubei Jingxiang New Materials Co., Ltd. is a recycled resource recovery enterprise in Tianmen City. It regularly needs to carry out recycled resource procurement business with natural persons and has long faced common industry problems such as upstream natural persons being unable to issue invoices, insufficient input-tax deductions for enterprises, and high financial management costs. Since the “three-flows-in-one” reverse invoicing scenario went live, the company has actively cooperated to complete scenario applications. Through the direct connection between the e-invoice service platform and the payment system, it achieved full-process digitalization of “enterprise scanning code, individual scanning code, automatic tax calculation, and instant invoicing,” effectively solving the pain point of difficulty in invoicing during the procurement link of the recycled resource industry. “In the past, when purchasing recycled resources from scattered suppliers, we had to repeatedly communicate about invoicing, which was not only inefficient but also carried compliance risks. Now, through the ‘three-flows-in-one’ reverse invoicing function, scanning code immediately generates the invoice, and payment completes tax payment, with fund flow, invoice flow, and personnel flow automatically matching and aligning. This not only reduces tax handling costs but also avoids tax-related risks,” said the financial person in charge of Jingxiang New Materials. According to feedback from the company, as of now the company has completed multiple natural-person procurement invoices through the “three-flows-in-one” reverse invoicing function, with cumulative invoiced amount reaching 100,000 yuan. This not only solved the problem of missing input invoices, but also greatly simplified the financial accounting process and achieved full-process transaction traceability.

On June 8, 2026, after Gui's Old Hotpot Restaurant in Guoji Grass Root, Jiu Longpo District, sold kitchen waste oil, it logged into the “Food and Beverage Safety Online” platform to verify the relevant information, and the system automatically issued a VAT ordinary electronic invoice, marking the implementation of the kitchen waste oil “pay-first-invoice” function in Chongqing.Food and beverage enterprises only need to register on the “Food and Beverage Safety Online” platform and open a waste oil account to conduct transactions and issue invoices with kitchen waste oil collection and transportation enterprises on the platform. After payment is successful, transaction information is automatically synchronized in real time to the tax bureau's “Leqiye” platform, which automatically issues VAT e-invoices and transmits the invoice to the “Food and Beverage Safety Online” platform, where the kitchen waste oil collection and transportation enterprise can download it by itself.As of July 10, more than 1,000 merchants have joined the platform.

On July 2, the “five-flows-in-one” reverse invoicing product system of the Zihuan Chain Gold was officially connected to the Industrial and Commercial Bank of China’s “three-flows-in-one” reverse invoicing service, successfully issuing the first reverse invoice on the Leqiye platform after the cooperation of both parties.