The new leader, who has taken over from Hu Jintao, will be charged with promoting the 'Chinese Dream' which will propel hundreds of millions of China's citizens into the middle class over the coming decades.
The ruling Communist Party hopes that China's growing economic will help it become more powerful than the West, with some analysts predicting that the country will overtake the U.S. and Europe by 2030.
Since coming to prominence last year, Xi has made a point of spending time with poor Chinese in an attempt to reassure them that they will share in the country's growth and enter the middle class.
Xi's promotion came as no surprise after the former vice-president was named head of the Communist Party and chairman of the Chinese military last November.
'I'm very happy. With President Xi leading us, China will be more prosperous and more powerful,' said Zhang Rihong, one of the 3,000 delegates to the National People's Congress in Beijing.
Read more from source:dailymail
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