Presidency of Lai Ching-te

The presidency of Lai Ching-te began on 20 May 2024, when Lai Ching-te was sworn in as 16th president of the Republic of China and the eighth president of the republic since it became established on the island of Taiwan, succeeding Tsai Ing-wen. Lai and running mate Hsiao Bi-khim won the 2024 presidential election with 5.58 million votes, breaking the practice of two-term political party rotation with the Kuomintang since the first direct presidential election in 1996, and retaining the presidency for the Democratic Progressive Party for a record consecutive third term. However, unlike the previous two-term presidency of Tsai Ing-wen, the DPP failed to obtain a majority of seats in the Legislative Yuan alone, making Lai Ching-te's government the second minority government since Taiwan's democratisation.

Lai is the third incumbent vice president of Taiwan to become president, and the first to assume the office through election instead of a predecessor's death. Hsiao, the former Taiwanese Representative to the United States and a former member of the Legislative Yuan, was sworn in on the same day as vice-president, and become Taiwan's first biracial vice president, having been born in Kobe, Japan to a Taiwanese father and European-American mother.