The news comes amid rising tensions over Beijing's territorial claims in the region, with China and Japan squaring off over a chain of uninhabited islands in the East China Sea.
Each of the new military regions will create a joint operations command that controls the army, navy and air force as well as a strategic missile unit, Japanese daily Yomiuri Shimbun said citing senior Chinese military officials and other sources.
The planned revamp would mark a shift from the current defence-oriented military that relies mainly on the army to one that ensures more mobile and integrated management of the army, navy, air force and strategic missile units, Yomiuri said.
Tokyo and Beijing are locked in a simmering territorial row over Tokyo-controlled Senkaku Islands in the East China Sea which China also claims and calls the Diaoyus.
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The United States, while insisting it does not take sides on sovereignty disputes, has said that the islands are under Tokyo's management and so come under a security treaty in which it is required to defend officially pacifist Japan against attack.
Under the proposed military structure China aims to strengthen its attack capability to secure air and naval superiority in the South China Sea and the East China Sea, the daily said.
Japan's defence ministry plans to deploy three Global Hawk drones between April 2015 and March 2016, Yomiuri said.
Misawa is located about 2,300 kilometres north of the Senkakus which Chinese coastguard ships have frequently approached, sometimes moving into territorial waters, since Tokyo nationalised some of the islands in September 2012.