An advisory panel in Hong Kong has stated that issuing only "several thousand" licenses for ride-hailing vehicles will not be enough to meet demand. The Transport Advisory Committee chairman suggested an initial quota closer to 10,000 licenses. The committee also advised that the number of licenses should not negatively impact existing taxi services and should be dynamically assessed based on market conditions. AI
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RANK_REASON The cluster discusses a policy decision impacting a major industry in a significant region. [lever_c_demoted from significant: ic=1 ai=0.1]