Tsai Ing-wen and William Lai were inaugurated on May 20, becoming the 15th-term president and vice president of the Republic of China. This is the official start of Tsai's second term. Due to the pandemic, the ceremony was simplified and the inaugural address was given at Taipei Guest House for the first time. Tsai talked about her four top focuses, including industrial development, social stability, national security and stronger democracy.
I do solemnly and sincerely swear before the people of the whole country that I will observe the Constitution and faithfully perform my duties.
Tsai Ing-wen and William Lai were sworn in as, respectively, the 15th president and vice president of the Republic of China on the 20th.
Should I, William Lai, break my oath, I shall be willing to submit myself to severe punishment by the State. This is my solemn oath.
Incoming Tsai administration officials including Presidential Secretary-General Su Jia-chyuan and National Security Council Secretary-General Wellington Koo officially took over their new posts. In light of the pandemic, the inaugural speech was delivered at Taipei Guest House for the first time in history.
Welcome Madam President. Welcome Vice President Lai.
In her speech, Tsai said her top four priorities were industrial development, social stability, national security and stronger democracy. She also thanked citizens for their part in Taiwan's success in fighting the pandemic.
I want to thank every single person who waited in line outside of the pharmacy in the early days of the coronavirus outbreak. Thank you for your patience, and thank you for trusting the government. From January to now, Taiwan has amazed the international community twice. The first was our democratic elections, and the second was our success in the fight against COVID-19.
Tsai said" growth in stability" and "taking advantage of opportunities in a sea of change" would be the keys to economic development and she would continue implementing her Forward-looking Infrastructure Development Project, trillion-dollar investment plan and other initiatives.
In terms of industrial development, we are going to take advantage of the opportunities before us in six core strategic industries founded on our 5+2 Innovative Industries Program, to transform Taiwan into a critical force in the global economy.
Tsai's six core strategic industries, aimed at achieving self-sufficiency and national development, are the information and digital, 5G and digital transformation, biotech and medical technology, national defense and strategic, green energy and renewable energy, and strategic stockpile industries.