The State-owned Assets Supervision and Administration Commission of the State Council issued the "Implementation Measures for Holding Central Enterprises Accountable for Violating Investment Practices".
The State-owned Assets Supervision and Administration Commission of the State Council issued the "Implementation Measures for Holding Central Enterprises Accountable for Violations in Operational Investments". Among them, in terms of determining asset losses and adverse consequences, firstly, it stipulates the division of asset losses resulting from violations in the operation investments of central enterprises: losses of less than 5 million yuan are classified as general asset losses, losses of more than 5 million yuan but less than 50 million yuan are classified as major asset losses, and losses of more than 50 million yuan are classified as significant asset losses. Secondly, it stipulates the classification of other adverse consequences, dividing them into three categories: general adverse consequences, major adverse consequences, and significant adverse consequences, corresponding to violations with relatively minor, moderate, and severe circumstances, as well as impacts that are mainly within the involved enterprises, industries or the overall central enterprises, society, and the nation.
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