Why it is in news?

• The Communist Party of China (CPC)  bracketed its General Secretary, Xi Jinping with its star icons, Mao Zedong and Deng Xiaoping.
• Mr. Xi’s status as a theoretician has been elevated at a time when China is gearing up for a major transition.
• At the closing session of the 19th Party Congress, the CPC enshrined the “Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era” in its Constitution.
• Only Mao’s ‘Thought’ and the Deng’s ‘Theory’ has been embedded in the basic law of the Party-state. Deng’s name was added after his death in 1997. 

Guide for the party

• Mr. Xi’s ‘Thought’ would act as a guide to the Party’s work in the coming decades.
• As expected, the amended Constitution affirmed that Mr. Xi’s signature fight against corruption will continue.
• The “Belt and Road” initiative, an ambitious programme to build infrastructure linking China with its neighbours and beyond, was also included in the party Constitution.
• During his work report read out at the inaugural on October 18, Mr. Xi unveiled a two-stage plan.
• China, he said would become a “moderately prosperous” society by 2021 — the centenary of the formation of the CPC.
• That status would be consolidated till 2035. From 2035, China will aspire to become an advanced socialist country — a target that it wishes to accomplish by 2050, a year after the People’s Republic of China (PRC) celebrates its centenary.
• During the day, 2,336 delegates approved the new Central Committee consisting of a total of 204 members along with their 172 alternate members.