The constitutional changes were passed by China's annual sitting of the National People's Congress on Sunday.
The vote was widely regarded as a rubber-stamping exercise. Two delegates voted against the change and three abstained, out of 2,964 votes.
China had imposed a two-term limit on its president since the 1990s.
It was designed to prevent another leader like Chairman Mao Zedong emerging, espousing collective leadership rather than one-man rule and the cult of personality.
China's president has now amassed power the likes of which has not been seen here for decades and he is even less likely to be challenged after today's result.
Mr Xi defied the tradition of presenting a potential successor during October's Communist Party Congress.
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