Beijing asserts that Taiwan's ruling party does not reflect the views of the general public.

• The self-ruled island's election has been portrayed by Beijing as a dilemma between "peace and war" or "prosperity and decline."
• The results of Taiwan's presidential and legislative elections will likely affect China's stance on the island, as well as its relationship with the US and security in the Indo-Pacific region.

Taiwan's ruling Democratic Progressive Party did not win a majority in the presidential and legislative votes, according to China, which stated that the outcome of the elections does not reflect the views of the general public.

The spokesperson for the Taiwan Affairs Office of the State Council, Chen Binhua, stated on Saturday that Taiwan is China's Taiwan after DPP's Lai Ching-te won the presidential election with more than 40% of the popular vote.

According to a CNBC translation of a report from Xinhua, Chen stated that this election will not alter the fundamental pattern and growth of cross-Strait relations, nor will it affect the shared aspiration of compatriots on both sides of the Taiwan Strait to draw nearer.

Beijing has characterized the self-governing island's election as a choice between "peace and war, prosperity and decline," with Chinese President Xi Jinping viewing reunification with the mainland as a "historical inevitability." Beijing has consistently labeled Lai as a "stubborn advocate for Taiwan independence" and a dangerous separatist.

Since the Kuomintang fled to Taiwan following its defeat in the Chinese civil war in 1949, China has never renounced its claim over the island, which has been self-governing ever since.

The results of Taiwan's presidential and legislative elections will likely affect China's stance on the island, as well as its relationship with the US and security in the Indo-Pacific region.