Vice President of China International Taxation Research Association: China's tax authorities are piloting “blockchain” invoices

Liu Lei, vice president and secretary-general of China International Taxation Research Association, introduced in Hangzhou on the 8th. In August 2018, Shenzhen tax authorities opened the country's first blockchain electronic invoice, which is currently being fully promoted in Qianhai pilot, starting from January next year. The electronic invoice “full coverage” will be realized, and the enterprise using the blockchain electronic invoice will be supplied according to the actual unlimited invoice. China is a pioneer in the global “blockchain+tax” application.