Mr Xi and his wife, Peng Liyuan, will take part in a procession down The Mall to Buckingham Palace later, ahead of a state banquet held by the Queen.
He will also address both Houses of Parliament and meet PM David Cameron and Labour leader Jeremy Corbyn.
Mr Cameron's spokeswoman said "nothing is off the table" in talks with Mr Xi.
She said she expected China's cheap pricing of steel on the world market - blamed by UK industry figures for collapsing prices and subsequent job cuts - to be discussed.
China's human rights record and the threat from cyber attacks were also likely to come up during two planned rounds of "substantial" talks, she added.
'Golden era'
The trip - the first UK state visit by a Chinese leader since 2005 - has been hailed by officials from both countries as the start of a "golden era" of relations.
The Treasury hopes to establish China as Britain's second biggest trading partner within 10 years.
Chinese companies are to be allowed to take a stake in British nuclear power plants, and a trip by Mr Xi and Mr Cameron to Manchester later in the week is expected to see the announcement of further investment in the so-called "Northern powerhouse" project.
But the visit comes as China's economy grew by just 6.9% in the third quarter, the weakest rate since the global financial crisis.
China and the UK
The president will begin his visit on Tuesday by being greeted by the Prince of Wales and Duchess of Cornwall at the Royal Mandarin Hotel in London.
He will then inspect a guard of honour at Horse Guards Parade, where he and his wife will also be given a ceremonial welcome by the Queen and Duke Of Edinburgh.
A state carriage procession will then take them to Buckingham Palace.
Mr Xi will later travel to Westminster where he will address MPs and Lords at the Palace of Westminster.
He will then visit Clarence House for a further engagement with Prince Charles and the Duchess of Cornwall, before arriving back at Buckingham Palace for meetings with the Duke of Cambridge and, afterwards, Labour leader Jeremy Corbyn.
Protests expected
The Queen will round off the day by hosting a state banquet in the president's honour, which will be attended by members of the Royal Family - including Prince William and the Duchess of Cambridge - as well as Mr Cameron and Mr Corbyn.
Prince Charles, a friend of the exiled Tibetan leader, the Dalai Lama, will not be attending, but no official reason has been given for his absence.
China's ambassador to the UK has said he doubts Mr Corbyn will raise the issue of human rights at the banquet, but the Labour leader's spokesman said he would be "using the opportunity" of Mr Xi's visit to raise his concerns.
Amnesty International and other groups have announced their intention to hold protests during the visit over censorship and human rights violations in China.
It is also expected that there will also be a pro-China rally.
China state visit: The timetable
Tuesday
- President Xi and his wife Peng Liyuan to receive a ceremonial welcome
- Mr Xi will address the members of the Houses of Parliament
- The Queen will give a state banquet at Buckingham Palace
Wednesday
- Mr Xi will visit Imperial College London with the Duke of York and the Chancellor George Osborne
- He will meet David Cameron at Downing Street before visiting the UK-China Business Summit at Mansion House and then Chinese telecommunications company Huawei Technologies
Thursday
- Mr Xi, joined by the Duke of York, will visit Inmarsat, a global satellite communication services company, before attending a Confucius Institute conference
- In the evening, Mr Xi and Ms Peng will join David and Samantha Cameron at Chequers for dinner before flying to Manchester
Friday
- Mr Xi will visit the National Graphene Institute at the University of Manchester with Mr Osborne and then the City Football Group with Mr Cameron
- The president and Mr Cameron will attend an event at Manchester Airport before Mr Xi and Ms Peng depart
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