日本新党
The New Party was formed on 22 August 1993 out of a split from the then-ruling Kuomintang (KMT) by members of the New Kuomintang Alliance. Members of the Alliance had accused KMT Chairman Lee Teng-hui of autocratic tendencies and moving the party away from Chinese reunification. Co-founders of the New Party included Chen Kuei-miao. Originally, the party wanted to keep the name of the faction, but was prevented from doing so due to the similarity of names. The name "New Party" was seemingly inspired by the contemporary electoral success of the Japan New Party ("Nihon Shintō"; see Politics of Japan).