ZURICH, Switzerland - Media reports claiming that China's State Council has rejected a 40-trillion yuan ($6.5 trillion) urbanization plan are untrue, the chief of China's top planning agency said Friday. Xu Shaoshi, head of the National Development and Reform Commission, told reporters that his agency has been finalizing the drafting work of the urbanization plan with other relevant departments, and has not yet handed in the plan to the State Council. "How can it be possible that the State Council rejected a proposal that we have not yet submitted?" he said.