Taipei, Former Premier Chang San-cheng said Wednesday he is preparing to run for the presidency.
The 64-year-old Chang, who currently serves as chairman of Taiwan Mobile Foundation, officially announced his bid at the Hit AI & Blockchain Summit in Taipei.
During his presidential campaign, the former head of Google's Hardware Operations in Asia said he will push for a referendum on setting up a digital innovation agency or committee under the Executive Yuan, in an effort to resolve issues holding back financial innovation in Taiwan.
Criticizing the Financial Supervisory Commission, Taiwan's top financial regulator, for holding back the development of financial services and blockchain, Chang said the proposed committee would be parallel to the National Development Council, the main body in charge of national development policies and take the lead in solving problems.
The referendum proposal relates to Taiwan's digital future and does not involve any political ideology, Chang said.
The announcement followed President Tsai Ing-wen's decision to seek re-election during an interview with CNN on Monday, saying she was confident she could win.
Chang served as premier in the Ma Ying-jeou administration from Feb. 1-May 20, 2016 after the Kuomintang (KMT) suffered a bruising defeat in the presidential election in January.
Prior to that he had been vice premier since Dec. 7, 2014.
Eric Chu announced his intention to seek the KMT nomination for president last December.
In addition to Chu, several KMT heavyweights such as Chairman Wu Den-yi former Legislative Speaker Wang Jin-pyng and even former President Ma Ying-jeou are believed to be considering running for the party's presidential nomination.
Source: Focus Taiwan News Channel