He is calling for closer economic and political cooperation with China, which considers the island part of its territory. His campaign focused on calls for a common market and a formal peace treaty with Beijing.
More than 17 million voters were choosing a successor to President Chen Shui-bian, who repeatedly angered Beijing with his pro-independence speeches. In the past China has threatened to use force to stop any formal move towards independence.
Frank Hsieh from the ruling Democratic Progressive Party said while he favoured formal independence from Beijing, he did want to improve relations.
Meanwhile, Washington, Russia and Britain voiced concern about a referendum that was also held on UN membership, fearing it could inflame tensions. Obervers say whatever the result of the referendum, UN membership is out of the question because just 23 countries recognise Taiwan.
A faltering economy and corruption were said to have been the priorities for voters ahead of these elections.
Source: http://www.euronews.net