Legal basis: Criminal Law of People's Republic of China (PRC).
Article 264 Whoever steals a large amount of public or private property, or repeatedly steals, enters a house, carries a weapon or pickpockets, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also, or shall only, be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated.
Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Application of Laws in Handling Criminal Cases of Theft Article 1 Where the value of public or private property is more than 654.38 million yuan but less than 3,000 yuan, more than 30,000 yuan and more than 300,000 yuan but less than 500,000 yuan, the higher people's courts and people's procuratorates of all provinces, autonomous regions and municipalities directly under the Central Government shall, according to the local economic development and social security situation, determine the specific amount standards implemented in their respective regions within the amount range specified in the preceding paragraph and report them to the Supreme People's Court and the Supreme People's Procuratorate for approval. If it is impossible to verify the location of the theft of public transport across regions, it shall be determined that the amount of theft has reached "a large amount", "a huge amount" or "a particularly huge amount" according to the relevant amount standards determined by the higher people's courts and people's procuratorates of the provinces, autonomous regions and municipalities directly under the Central Government where the case is accepted. Stealing contraband such as drugs should be treated as theft and punished according to the seriousness of the case.