A handover ceremony for the new Cabinet was held on May 20 at the Assembly Hall of the Executive Yuan. Under the officiation of Vice President Hsiao Bi-khim, incoming Premier Cho Jung-tai received the seal of office from outgoing Premier Chen Chien-jen. Premier Cho said that the new “active and innovative (AI) Cabinet” will build upon the solid foundation laid by the outgoing administration of President Tsai Ing-wen over the last eight years, to create a more stable environment for economic deve