Jasmine deals in Hengzhou, Guangxi close in about five seconds. Growers used to take cash, buyers could not obtain compliant purchase invoices for VAT input credits or corporate income tax deductions, and growers had no proof of sale. The local tax bureau linked data across government departments and built the Digital Jasmine platform, which combines weighing, trading, payment and invoicing, with smart scales and weighbridges collecting data on site; the pay-and-invoice pilot formally began in 2025. A grower weighs the flowers, scans to receive payment, and the system issues the invoice on the spot, so money and invoice arrive together. About 20,000 growers registered before trading went live and more than 125,000 are registered now. Hengzhou's 180,000 mu of jasmine yield over 150,000 tonnes of fresh flowers a year with brand value of 23.5 billion yuan, supporting 340,000 growers; with every trade on record, room for fake invoicing has narrowed.
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Pay-and-invoice model brings digital records to Hengzhou's jasmine trade
Jasmine trading in Hengzhou, Guangxi runs at roughly one deal every five seconds, historically in cash with no paper trail, leaving buyers without compliant purchase invoices and growers without proof of sale. The local tax bureau worked with government departments to link data and built the Digital Jasmine platform, which merges weighing, trading, payment and invoicing, supported by smart scales and weighbridges; the pay-and-invoice pilot started in 2025. Some 20,000 growers had registered before trading went live, and more than 125,000 are registered now. Hengzhou grows jasmine on about 180,000 mu and produces over 150,000 tonnes of fresh flowers a year.
2026-10-28