According to the Criminal Law:
Article 264: Whoever steals public or private property in a relatively large amount, or who steals repeatedly, breaks into homes, carries weapons, or pickpockets shall be sentenced to three years in prison. The following fixed-term imprisonment, criminal detention or surveillance, and concurrently or solely with a fine; if the amount is huge or there are other serious circumstances, the sentence is to be not less than three years but not more than 10 years of fixed-term imprisonment, and also a fine;
The amount is particularly huge or there are other serious circumstances. For other particularly serious circumstances, the offender shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined or have property confiscated. Article 1 of the "Interpretations 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":
The amount of theft of public or private property shall be more than one thousand yuan but not more than three thousand yuan, and more than ten thousand yuan but not more than ten thousand yuan. If the amount is less than 10,000 yuan, and between 300,000 yuan and 500,000 yuan, they shall be deemed as "relatively large amount", "huge amount" and "especially huge amount" as stipulated in Article 264 of the Criminal Law.