The name of the square recalls the important historical role it played in Taiwan's transition from one-party rule to modern democracy in the 1990s.

The parks regularly play host to quieter forms of public activity, such as Go games and taekwondo, tai chi and other martial arts practices.

Holiday marching band and drum and bugle corps concerts, honor guard drill shows and traditional Chinese dances are also held within the grounds.

[citation needed] Architecture at the site incorporates many traditional elements and recalls earlier Kuomintang monuments erected in Republican China.

The plaza's importance in the development of Taiwan's democracy led to its rededication as Liberty Square by President Chen Shui-bian in 2007.

[2] The inscriptions over the archways, including the main gate that declares the plaza as "Liberty Square", recall the calligraphic style of Wang Xizhi in the East Jin Dynasty (see Chinese calligraphy).

The characters are placed in left-to-right sequence, following modern practice in Taiwan, rather than the right-to-left order of ancient Chinese tradition, which had been adopted at the site previously.