China's governing Communist Party has proposed removing a clause in the constitution which limits presidencies to two five-year terms.
The move would allow the current President Xi Jinping to remain as leader after he is due to step down.
There had been widespread speculation that Mr Xi would seek to extend his presidency beyond 2023.
Party congress last year saw him cement his status as the most powerful leader since the late Mao Zedong.
His ideology was also enshrined in the party's constitution at the congress, and in a break with convention, no obvious successor was unveiled.
Born in 1953, Mr Xi is the son of one of the Communist Party's founding fathers. He joined the party in 1974, climbing its ranks before becoming president in 2013.
His presidency has seen economic reform, a fierce campaign against corruption, as well as a resurgence in nationalism and a crackdown on human rights.
"The Communist Party of China Central Committee proposed to remove the expression that the President and Vice-President of the People's Republic of China 'shall serve no more than two consecutive terms' from the country's Constitution," it reported.
It gave no other details, but the full proposal was due to be released later.
The announcement appears carefully timed, with many Chinese people due to return to work on Monday after celebrating the Chinese New Year. China was also centre stage at the closing ceremony of the Winter Olympics, as South Korea prepared to hand the Games over to Beijing for 2022.
The top officials who make up the party's Central Committee are due to meet on Monday in Beijing.
The proposal must be approved by China's parliament, the National People's Congress, which begins its annual meeting on 5 March but most expect this to be a formality.
How significant is this?
Under the current system, Mr Xi was due to step down in 2023.
The tradition of limiting presidencies to 10 years emerged in the 1990s, when veteran leader Deng Xiaoping sought to avoid a repeat of the chaos that had marked the Mao era and its immediate aftermath.
Mr Xi's two predecessors have followed the orderly pattern of succession. But since he came to power in 2012 he has shown a readiness to write his own rules.
It is not clear how long Mr Xi might stay in power, but an editorial in China's state-run Global Times said the change did not mean "that the Chinese president will have a lifelong tenure".
The paper quoted Su Wei, a Communist Party academic and party member, as saying it was a significant decision as China needed a "stable, strong and consistent leadership" from 2020-2035.
But the prospect of further removing restraints on Mr Xi's power has alarmed some observers. "I think he will become emperor for life," Willy Lam, politics professor at the Chinese University of Hong Kong, told AFP news agency.
'Papa Xi' tightens his grip
By Celia Hatton, BBC World Service Asia Pacific Regional Editor
This is an announcement many have been expecting.
For decades, the Communist Party has dominated life in China. Now, Xi Jinping has stepped into that spotlight, outshining the party that promoted him to the top spot.
His photo is plastered on billboards across the country and his authorised nickname, "Papa Xi", appears in official songs.
In the past the Communist Party stayed firmly in control, while the man at the top was in command for a limited amount of time. One leader would dutifully hand power to another after serving a decade in power.
Xi Jinping disrupted that system from the early days of his time in office. He instituted an anti-corruption campaign, the same campaign that conveniently eliminated Mr Xi's political rivals.
Mr Xi has also shown a clear political vision, promoting huge national projects like the One Belt One Road initiative to build new global trade routes and announcing grand plans for China to erase poverty by 2020.
Media captionXi to delegates: Is anyone against me?
Keep these in mind as you contemplate the direction of the American government over the past 50 years and especially since the Obama election.
The Goals of Communism
(as read into the congressional record January 10, 1963, from "The Naked Communist" by Cleon Skousen)
1. U.S. acceptance of coexistence as the only alternative to atomic war.
2. U.S. willingness to capitulate in preference to engaging in atomic war.
3. Develop the illusion that total disarmament of the United States would be a demonstration of moral strength.
4. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.
5. Extension of long-term loans to Russia and Soviet satellites.
6. Provide American aid to all nations regardless of Communist domination.
7. Grant recognition of Red China. Admission of Red China to the U.N.
8. Set up East and West Germany as separate states in spite of Khrushchev's promise in 1955 to settle the German question by free elections under supervision of the U.N.
9. Prolong the conferences to ban atomic tests because the United States has agreed to suspend tests as long as negotiations are in progress.
10. Allow all Soviet satellites individual representation in the U.N.
11. Promote the U.N. as the only hope for mankind. If its charter is rewritten, demand that it be set up as a one-world government with its own independent armed forces. (Some Communist leaders believe the world can be taken over as easily by the U.N. as by Moscow. Sometimes these two centers compete with each other as they are now doing in the Congo.)
12. Resist any attempt to outlaw the Communist Party.
13. Do away with all loyalty oaths.
14. Continue giving Russia access to the U.S. Patent Office.
15. Capture one or both of the political parties in the United States.
16. Use technical decisions of the courts to weaken basic American institutions by claiming their activities violate civil rights.
17. Get control of the schools. Use them as transmission belts for socialism and current Communist propaganda. Soften the curriculum. Get control of teachers' associations. Put the party line in textbooks.
18. Gain control of all student newspapers.
19. Use student riots to foment public protests against programs or organizations which are under Communist attack.
20. Infiltrate the press. Get control of book-review assignments, editorial writing, policymaking positions.
21. Gain control of key positions in radio, TV, and motion pictures.
22. Continue discrediting American culture by degrading all forms of artistic expression. An American Communist cell was told to "eliminate all good sculpture from parks and buildings, substitute shapeless, awkward and meaningless forms."
23. Control art critics and directors of art museums. "Our plan is to promote ugliness, repulsive, meaningless art."
24. Eliminate all laws governing obscenity by calling them "censorship" and a violation of free speech and free press.
25. Break down cultural standards of morality by promoting pornography and obscenity in books, magazines, motion pictures, radio, and TV.
26. Present homosexuality, degeneracy and promiscuity as "normal, natural, healthy."
27. Infiltrate the churches and replace revealed religion with "social" religion. Discredit the Bible and emphasize the need for intellectual maturity which does not need a "religious crutch."
28. Eliminate prayer or any phase of religious expression in the schools on the ground that it violates the principle of "separation of church and state."
29. Discredit the American Constitution by calling it inadequate, old-fashioned, out of step with modern needs, a hindrance to cooperation between nations on a worldwide basis.
30. Discredit the American Founding Fathers. Present them as selfish aristocrats who had no concern for the "common man."
31. Belittle all forms of American culture and discourage the teaching of American history on the ground that it was only a minor part of the "big picture." Give more emphasis to Russian history since the Communists took over.
32. Support any socialist movement to give centralized control over any part of the culture--education, social agencies, welfare programs, mental health clinics, etc.
33. Eliminate all laws or procedures which interfere with the operation of the Communist apparatus.
34. Eliminate the House Committee on Un-American Activities.
35. Discredit and eventually dismantle the FBI.
36. Infiltrate and gain control of more unions.
37. Infiltrate and gain control of big business.
38. Transfer some of the powers of arrest from the police to social agencies. Treat all behavioral problems as psychiatric disorders which no one but psychiatrists can understand.
39. Dominate the psychiatric profession and use mental health laws as a means of gaining coercive control over those who oppose Communist goals.
40. Discredit the family as an institution. Encourage promiscuity and easy divorce.
41. Emphasize the need to raise children away from the negative influence of parents. Attribute prejudices, mental blocks and retarding of children to suppressive influence of parents.
42. Create the impression that violence and insurrection are legitimate aspects of the American tradition; that students and special-interest groups should rise up and use united force to solve economic, political or social problems.
43. Overthrow all colonial governments before native populations are ready for self-government.
44. Internationalize the Panama Canal.
45. Repeal the Connally reservation so the United States cannot prevent the World Court from seizing jurisdiction over nations and individuals alike.
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