I believe that this is not only the view of the people on both sides of the Strait. It is also the common expectation of the US, Japan and the international community.

We will make every effort to unify all ethnic groups, to strengthen belief in Taiwan and to persist in reform.

We have had a long wait for democracy.

I understand the harsh feelings and sentiments from my opponents and their supporters because I myself have been defeated twice in my political life in the past and I understand very well it is hard to accept your own failure.

Secondly I would like to make continuous efforts of stabilising cross Strait relations, eventually reaching peace across the Taiwan strait and stability and security in the Asia Pacific region.

It has been well over half a century and I'm glad to say we have taken the right path from authoritarianism to democracy and this is a road of no return.

I have great confidence in Taiwan's democracy.