China Officially Names Xi Jinping President

Became chief of Communist Party last year

China's parliament formally elected Xi Jinping as the country's new president, completing the country's second orderly political succession since the Communist Party took power in 1949.

The largely rubber-stamp National People's Congress chose Xi on Thursday in a tightly scripted ceremony at the Great Hall of the People in central Beijing, putting the final seal of approval on a generational transition of power.