Core Points - The State-owned Assets Supervision and Administration Commission (SASAC) has issued the "Central Enterprise Development Planning Management Measures," establishing a three-tier planning system for state-owned enterprises (SOEs) [1][2] - The measures emphasize the importance of aligning development planning with the performance evaluation of central enterprise leaders, ensuring that operational targets are connected to planning goals [1][2] - The initiative aims to enhance the strategic focus of SOEs on national priorities and high-quality development, particularly in key industries and public service sectors [1][2][3] Group 1 - The new planning measures introduce a three-tier planning system: overall development planning, key task planning, and enterprise-specific planning, with a focus on optimizing industrial structure and strategic adjustments [2] - The measures establish a closed-loop management system for planning, covering the entire process from formulation to evaluation, ensuring comprehensive oversight at both the SASAC and enterprise levels [2][3] - The measures impose strict compliance requirements, making development planning a foundational element for investment supervision, financial budgeting, and performance assessments within SOEs [2][3] Group 2 - The SASAC will oversee the planning process, requiring enterprises to follow specific principles and procedures for developing their plans, including preliminary research and expert validation [2] - The measures highlight the authority and seriousness of development planning, with SASAC set to monitor execution and impose penalties for deviations from established plans [3] - Future efforts will focus on integrating the new measures with the 14th Five-Year Plan evaluation and the preparation for the 15th Five-Year Plan, aiming to strengthen the planning framework and ensure effective implementation [3]

Group 1 - The State-owned Assets Supervision and Administration Commission (SASAC) has issued the "Central Enterprise Development Planning Management Measures," establishing a three-tier planning system for state-owned enterprises (SOEs) [1][2] - The development planning emphasizes strategic and overall arrangements for optimizing industrial layout and structural adjustments, focusing on key industries related to national security and public services [1] - The measures consist of 6 chapters and 39 articles, detailing the management mechanism for planning, including preparation, execution, evaluation, and adjustment [1] Group 2 - The measures enhance the closed-loop management system for planning at both the SASAC and central enterprise levels, ensuring comprehensive oversight throughout the planning process [2] - During the preparation phase, SASAC will conduct "one enterprise, one policy" reviews to guide enterprises in aligning with national and industry planning indicators [2] - The measures impose strict execution constraints, making development planning a critical foundation for investment supervision, financial budgeting, and performance evaluation within central enterprises [2]

Group 1 - The core viewpoint of the news is the introduction of the "Central Enterprise Development Planning Management Measures" by the State-owned Assets Supervision and Administration Commission (SASAC), which establishes a three-level planning system for central enterprises and aims to enhance the management and execution of development plans [1][2] - The new measures emphasize the importance of a closed-loop management system for planning, which includes planning formulation, execution, evaluation, and adjustment, thereby strengthening the regulatory role of SASAC over state-owned enterprises [1][2] - The measures are seen as a significant step towards ensuring that central enterprises align with national strategies and responsibilities, focusing on high-quality development [1] Group 2 - The measures outline that development planning should be based on an analysis of macro environments and internal development trends, highlighting the strategic and overall arrangements for optimizing industrial layout and structural adjustments [2] - SASAC will oversee the planning process, requiring enterprises to develop their plans in accordance with higher-level guidelines, and will include key performance indicators from development plans in the performance assessments of enterprise leaders [2] - Future actions will involve integrating the new measures with the "14th Five-Year Plan" evaluations and the preparation of the "15th Five-Year Plan," aiming to enhance the planning system and ensure effective implementation of development plans [2]

Core Viewpoint - The State-owned Assets Supervision and Administration Commission (SASAC) has issued the "Management Measures for the Development Planning of Central Enterprises," which outlines the framework for the development planning of state-owned enterprises in China [1] Group 1: Development Planning Framework - The SASAC is responsible for coordinating the development planning at three levels: overall enterprise planning, key area planning, and subsidiary enterprise planning [1] - The measures specify the basic principles and work requirements that enterprises must follow when preparing their development plans [1] - There are clear procedures for submitting and reviewing development plans, emphasizing the need for preliminary research, drafting, expert validation, and internal decision-making processes [1] Group 2: Performance Management - The SASAC has established linkage management requirements for enterprise development plans, highlighting that key indicators from these plans will be included in the performance assessment of central enterprise leaders [1]

Core Points - The State-owned Assets Supervision and Administration Commission (SASAC) has issued the "Central Enterprises Development Planning Management Measures," which emphasizes three main aspects: industry orientation, closed-loop management, and rigid constraints Group 1: Industry Orientation - The new measures establish a three-tier planning system consisting of "overall development planning for central enterprises + key task planning + enterprise planning," focusing on optimizing and adjusting industries. This aims to concentrate state-owned capital in sectors crucial to national security, the economy, public services, emergency capabilities, and strategic emerging industries [1] Group 2: Closed-loop Management - The measures enhance the closed-loop management mechanism at both the SASAC and central enterprise levels, covering planning formulation, execution, evaluation, adjustment, and assessment. This includes a "one enterprise, one policy" approach to review enterprise planning, ensuring alignment with national and industry planning indicators and key tasks [1] Group 3: Rigid Constraints - The measures strengthen hard constraints on institutional execution, making development planning a critical foundation for investment supervision, financial budgeting, capital operation budgeting, professional integration, performance assessment, and accountability. Issues such as significant deviations in development direction, severe delays in execution progress, and low development quality will lead to accountability actions as per relevant regulations [2]