China accelerates transition to fully digitalized e-invoices as paper invoices are phased out

China continues to advance its invoice digitalization strategy, with multiple local tax authorities announcing the discontinuation of paper invoices and the expansion of fully digital e-invoices. The transition forms part of broader tax administration reforms aimed at reducing administrative costs, improving tax compliance, and promoting digital transformation across the economy.
Phase-out of paper invoices
China continues to advance the replacement of paper invoices with fully digitalise…