Core Points - The State-owned Assets Supervision and Administration Commission (SASAC) has issued the "Central Enterprise Development Planning Management Measures," establishing a three-level planning system for state-owned enterprises (SOEs) [1][2] - The new measures emphasize three main aspects: industry orientation, closed-loop management, and rigid constraints [1][2] Group 1: Industry Orientation - The new planning system includes "Overall Development Planning + Key Task Planning + Enterprise Planning," focusing on optimizing and adjusting industries [1] - The measures aim to concentrate state capital in critical industries related to national security, public services, and emerging strategic industries [1] Group 2: Closed-loop Management - The measures enhance the closed-loop management mechanism for planning at both the SASAC and central enterprise levels, ensuring comprehensive oversight throughout the planning process [2] - The planning process will involve "one enterprise, one policy" reviews to align enterprise plans with national and industry objectives [2] Group 3: Rigid Constraints - The new measures impose strict execution constraints, making development planning a foundation for investment supervision, financial budgeting, and performance assessments [2] - SASAC will hold enterprises accountable for significant deviations in development direction, execution delays, and low-quality outcomes [2] Group 4: Implementation and Future Work - SASAC plans to integrate the new measures with the "14th Five-Year Plan" evaluation and the preparation of the "15th Five-Year Plan" [3] - The focus will be on improving the closed-loop management system and guiding central enterprises in enhancing their planning frameworks [3]