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[V观] Minister of Transport: online cab-hailing could harm traditional taxis 网约车实施补贴对出租车形成不公平竞争

The subsidies provided by some online cab-hailing companies are a good way to grab market sharesin the short term, said Yang Chuantang, Minister of Transport, at Monday’s press conference. However, he also said it will harm the healthy and substantial development of the market in the long term.

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