 In 2007, Lai was named Creative Person of the Year by Innovation China Awards, Entrepreneur of the Year by EY, and received the 11th Taipei Cultural Award presented by then Mayor of Taipei Hau Lung-pin.In 2010, he was chosen by Newsweek China as Man of the Year in the field of Culture and was named Person of the Year at the One Drama Awards in Shanghai.In 2011, he received the Grand Cordon, Order of Brilliant Star from the Presidential Office, the highest civilian decoration for Taiwan.