Refer https://medium.com/@adityasrivast/reactjs-understanding-package-json-e8cdf408a3df

Set

1. name to <app name>
2. version to 0.0.0 on day 1 when the project is created. It will be later auto-updated by Jenkins
3. "private": true

Check dependencies to see

1. Contains only the required packages. Unused packages reference should be removed
2. And dev packages are moved to devDependencies
3. Make sure all package versions have ~ and not ^. We are ok with automatically upgrading to the latest minor version and not major.