The national plan for industrial transformation and upgrades may be submitted to the State Council for approval in the first half of this year, together with four other plans for different sectors, the China Securities Journal reported Thursday, citing the Ministry of Industry and Information Technology (MIIT).

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The other four areas are: informationization, information industry, high-end equipment and new materials. All five are part of China's key projects and are being drafted by MIIT.

China has started its 12th Five Year Plan (2011-2015), and government departments are drafting plans to guide the development of different sectors.

The industrial planning by MIIT will focus on obsolete capacity elimination, consolidation and technology upgrades, the source said.

Another plan for the industrial sector is being drafted by the National Reform and Development Commission; the focus will be on adjusting productivity's regional distribution.